Citi: Hyperscaler backlog near $1.7T, AI capex tracking toward $3.8T by 2030
sanjaykalra · x · 2026-09-08
Citi's Global TMT Conference runs this week in NYC with 250+ management teams presenting. Key figures from its disclosures:
- Hyperscaler backlog near $1.7 trillion at the end of Q2, up 151% year over year;
- AI-related capex tracking toward $3.8 trillion by 2030;
- New AI power capacity of about 19 GW this year.
The poster notes these in-room disclosures are the assumptions that will price 2027 budgets — AI adoption is now an infrastructure commitment.
Related event: Citi: Hyperscaler Backlog Nears $1.7 Trillion as AI Capex Eyes $3.8T(3 posts)→
More from Venture
- Antioch raises $32M Series A led by Greylock to bring software-speed simulation to physical AI testing — thetripathi58 · 2026-09-09
- HeyReach hits $17M ARR running LinkedIn outreach agents via MCP for 7,000+ teams — thetripathi58 · 2026-09-09
- Robot simulation startup Antioch raises $32M Series A led by Greylock — HeyAmit_ · 2026-09-09
- Split Pay raises $125M from Thrive, Khosla after 70X growth powered by AI underwriting — marcbhargava · 2026-09-09
- Kopai Launches as Production Cloud for AI Agents with API Export and Certification — SuryaSekhar · 2026-09-09
- Companies pay 10-20x more for cloud AI infrastructure than on-prem, analyst warns — DavidLinthicum · 2026-09-09