Barclays: AI wave is expected to generate hundreds of billions of dollars in M & A transactions
2025-09-04 11:12:24
Barclays' chief M & A expert said the race in artificial intelligence was driving up the chances of deals above $100 billion by this time next year. "In the broader artificial intelligence space, there are going to be unimaginable deals," Andrew Woeber, the bank's global head of M & A, said in an interview. "It shouldn't surprise us to see deals above $100 billion in the next year. Big bets are going to be made by the big platforms." Tech companies including Mr. Musk's xAI and Meta Platforms Inc. have pledged to invest heavily in data centres and related infrastructure to support the artificial intelligence wave.
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