Citigroup Boosts AI Market Forecast to $4.2T by 2030 on Enterprise Adoption Surge

Citigroup has upgraded its global AI market forecast to over $4.2 trillion by 2030, up sharply from $3.5 trillion, with $1.9 trillion now tied to enterprise AI versus prior $1.2 trillion. The revision cites faster-than-expected adoption of AI coding and automation tools, spotlighting Anthropic's $30 billion+ annualized revenue run rate (80% enterprise) and huge compute deals up to $40 billion from Google and $25 billion from Amazon. Reinforcing notes signal bullish prospects for NVIDIA Corp and AI chip suppliers amid tightening enterprise competition from OpenAI and Google.