Barclays executives: The AI boom is expected to drive billion-dollar acquisition deals.

According to the Zhitong Finance APP, Andrew Woeber, global head of mergers and acquisitions at Barclays Bank, said that the arms race in the field of artificial intelligence (AI) has increased the possibility of reaching mergers and acquisitions of over $100 billion by this time next year. He said: "In the broader field of artificial intelligence, there will be some unimaginable transactions. It is not surprising to see a transaction of over $100 billion next year. Large platforms will make big bets."