Barclays bankers say the AI wave is expected to generate mergers and acquisitions transactions exceeding $100 billion

Zhitong
2025.09.04 10:10

Barclays' chief mergers and acquisitions expert pointed out that the competition in the field of artificial intelligence is driving up the likelihood of completing mergers and acquisitions exceeding $100 billion by this time next year. "In the broader field of artificial intelligence, there will be unimaginable deals," said Andrew Woeber, head of global mergers and acquisitions at the bank, in an interview. "It would not be surprising to see deals exceeding $100 billion in the next year. Major platforms will make significant bets." Technology companies, including Elon Musk's xAI and Meta Platforms Inc., have committed to substantial investments in building data centers and related infrastructure to support the wave of artificial intelligence. Morgan Stanley expects related spending to potentially exceed $3 trillion over the next three years. Data compiled by Bloomberg shows that if a 12-digit transaction occurs, it would be the largest merger in any industry since the completion of the approximately $110 billion acquisition of Time Warner by AT&T in 2018