AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.
Months of unease over Wall Street’s artificial-intelligence boom erupted into a global market convulsion this week, opening a dangerous new chapter for the investment frenzy that has helped power stock prices, corporate spending and economic growth.
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Plus: Job losses for a third straight month
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Wall Street’s AI rout sent US and then Asian markets tumbling, raising fresh questions about the sustainability of the global AI boom and where the next opportunities lie. (Source: Bloomberg)
THE NEW YORK TIMES — POLITICS POLITICS
U.S. intelligence concluded that Alice Huang, a Chinese business executive who developed a close relationship with Nvidia’s leader, was an asset of Beijing’s Ministry of State Security.
THE GUARDIAN — WORLD INTERNATIONAL
Men allegedly impersonated voices and images of executives to convince employees to send large payments Three foreign nationals were arrested and charged with using AI to allegedly impersonate corporate CEOs and attorneys to steal over…
THE GUARDIAN — WORLD INTERNATIONAL
Tech industry fears delays to its multi-trillion dollar infrastructure buildout meant to power artificial intelligence Several newly elected Democrats and Senator Bernie Sanders have renewed calls for datacenter moratoriums in the days…
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As post-midterms AI anxiety grips global markets, investors are selling first and asking questions later.
