MondayMay 04, 2026 9:00 am

Service Robotics Growth Accelerates as Global Demand Fuels Strategic Expansion

AINewsWire Editorial Coverage: Global demand for service robotics is accelerating as industries increasingly turn to automation to address labor shortages, rising costs and operational inefficiencies. According to the International Federation of Robotics, service robot adoption continues to expand worldwide, with hundreds of thousands of units deployed annually and strong growth expected across hospitality, logistics and healthcare sectors. Market forecasts reinforce this trajectory, projecting the global service robotics market to grow from roughly $31 billion in 2026 to more than $131 billion by 2034, reflecting sustained double-digit growth driven by AI and automation adoption. Nightfood Holdings Inc. (OTC: NGTF) (Profile), (dba as TechForce…

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FridayMay 01, 2026 10:00 am

Citigroup Raises AI Market Forecast to More Than $4 Trillion

Citigroup has raised its outlook for the global AI sector, pointing to stronger-than-anticipated uptake by businesses adopting AI-driven tools for software development and automation. The bank highlighted rapid progress among companies like Anthropic, which has posted significant gains in revenue.  In a research note dated April 27, the Wall Street firm projected that the worldwide AI industry could exceed $4.2 trillion in value by the end of the decade. Of that total, about $1.9 trillion is expected to come from enterprise-focused applications. This marks a notable revision from Citi’s earlier estimate, which placed the overall market above $3.5 trillion, with close to $1.2 trillion linked to corporate use.  According…

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