Citi warns investors are getting picky about AI-linked IPOs as spending concerns mount
Photo: Crypto Briefing
Citi's Aloke Gupte says investors are scrutinizing which AI infrastructure companies can keep funding their costly buildouts The AI IPO party is not over. But the bouncer is suddenly checking IDs. Aloke Gupte, Citi’s co-head of global equity capital markets, said on October 22, 2026 that investors are becoming more selective about initial public offerings tied to artificial intelligence. The reason is the growing bill for building out AI infrastructure, and the open question of who can keep paying it. Gupte’s warning centers on companies that need to keep raising money to fund their expansion.
Source: Crypto Briefing
