April 28 (Reuters) – Citigroup raised its global artificial intelligence market forecast, citing faster-than-expected enterprise adoption of artificial intelligence tools \u200cfor coding and automation, with companies such as Anthropic showing \u200cstrong revenue growth.<\/p>\n
The Wall Street brokerage, in an April 27 note, expects the \u200bglobal AI market to reach more than $4.2 trillion by 2030, with roughly $1.9 trillion of that tied to enterprise AI.<\/p>\n
Citi previously forecast the global AI market to be worth more than $3.5 trillion, with nearly $1.2 trillion \u200cdriven by enterprise AI.<\/p>\n
Here are \u2060key points from Citi’s note on Anthropic:<\/p>\n
\u2022 Enterprise demand and revenue are being driven by Claude models \u2060and Claude Code, while Mythos represents potential future benefits rather than near-term monetisation.<\/p>\n
\u2022 Anthropic is “the leader in enterprise AI,” due to strong traction \u200bin commercial \u200buses such as software development \u200band task\u2011automating, agentic workflows.<\/p>\n
\u2022 Early \u200cand sustained focus on enterprise customers has given the firm a structural advantage, even as it navigates rising compute costs, capacity constraints and intensifying competition from rival AI labs.<\/p>\n
\u2022 About 80% of Anthropic’s revenue comes from enterprise customers, reflecting a deliberate shift away from \u200cconsumer-first AI strategies.<\/p>\n
\u2022 Anthropic’s annualised revenue run \u200brate has surged past $30 billion by \u200bApril, one of the \u200bfastest growth trajectories in tech history.<\/p>\n
\u2022 Company has signed \u200cmajor computing\u2011capacity deals, including up to $40 \u200bbillion from Google \u200bearlier this week and as much as $25 billion from Amazon.<\/p>\n
\u2022 Competition is tightening as OpenAI, Google and others push deeper \u200binto enterprise markets, \u200cshifting the battle toward workflow integration and reliability rather than \u200bAI model benchmarks.<\/p>\n
(Reporting by Rashika Singh and Kanishka Ajmera \u200bin Bengaluru; Editing by Harikrishnan Nair)<\/p>\n","protected":false},"excerpt":{"rendered":"April 28 (Reuters) – Citigroup raised its global artificial intelligence market forecast, citing faster-than-expected enterprise adoption of artificial…\n","protected":false},"author":2,"featured_media":19819,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[53,25,2701,341,1914,8491,14053,14052,3303],"class_list":{"0":"post-19818","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-anthropic","8":"tag-anthropic","9":"tag-artificial-intelligence","10":"tag-citigroup","11":"tag-enterprise","12":"tag-enterprise-adoption","13":"tag-enterprise-customers","14":"tag-enterprise-markets","15":"tag-global-ai-market","16":"tag-revenue-growth"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/19818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=19818"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/19818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/19819"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=19818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=19818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=19818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}