Bubble

Tech Firms Lead Stock Rout as AI Bubble Fears Linger

This is Beirut, 21/11 12:20 - Reading : 3 minute(s)

Banks New York USA Tech AI Bubble

Tech firms led stock losses on Friday as investors struggled to shake off fears about an AI bubble, and after a sell-off on Wall Street sparked by job data dealt a further blow to hopes for a US interest rate cut. A blockbuster earnings report from chip bellwether Nvidia on Wednesday seemed to settle nerves that vast investments in the artificial ...

Google Boss Warns No Company Immune if AI Bubble Bursts

This is Beirut, 18/11 12:15 - Reading : 2 minute(s)

United States Google AI Bubble Alphabet

The head of Google's parent company, Alphabet, warned that every company would be impacted if the AI bubble were to burst, in an interview to the BBC. Sundai Pichai acknowledged there was "irrationality" behind the boom in artificial intelligence investment, which has fueled a tech rally this year. But fears that the AI bubble could burst have ...

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