Citi says AI inference capacity constraints are pushing enterprises to ration spending

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Citi says AI inference capacity constraints are pushing enterprises to ration spending

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  • Citi says rising pricing complexity should add value at the emerging orchestration layer, with Apple WWDC and next week’s Databricks Summit potential sources of updates on on-device inference and enterprise adoption.
  • Enterprises are responding by rationing AI spend, with Citi citing Walmart’s cap on its internal AI tool, while pricing segmentation across frontier models is accelerating.
  • Citi says the AI trade remains shaped by strong enterprise demand colliding with limited inference capacity, with the pressure showing up through higher costs.

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