Citigroup raises global AI market forecast to over $4.2 trillion by 2030

11 articles · Updated · Reuters · Apr 28

Citigroup now expects enterprise AI to contribute about $1.9 trillion, citing Anthropic’s rapid revenue growth and major deals with Google and Amazon.
Anthropic’s annualised revenue run rate has surpassed $30 billion, with 80% of its revenue from enterprise clients and strong demand for Claude models and Claude Code.
The AI market’s expansion is driven by accelerated enterprise adoption, intensifying competition among firms like OpenAI and Google, and a shift toward workflow integration and reliability over model benchmarks.

With AI costs 'blowing away' budgets, is the enterprise AI boom financially sustainable for most companies?

Can Anthropic survive its severe compute shortage against rivals with vast in-house infrastructure?

Can the world's energy grids support the projected $150 trillion AI infrastructure boom?

Is the AI productivity boom a myth if it simultaneously erodes long-term human expertise?

As 'shadow AI' spreads through companies, are we facing an unmanageable cybersecurity crisis?

As AI agents automate decisions, who is legally responsible when they make a costly mistake?