Citi Wealth Sees Long Runway for AI Spending Despite Bubble Warnings

The artificial intelligence buildout is still in its early-to-middle stages, Citi Wealth said in a report released Wednesday (Oct. The AI investment cycle is facing greater scrutiny due to higher interest rates, increasingly capable open-weight models, regulatory pressure and rising infrastructure costs, the bank said in the report. At the same time, despite the […] The post Citi Wealth Sees Long Runway for AI Spending Despite Bubble Warnings appeared first on PYMNTS.com .