Global AI Stocks Fall on Industry Warnings
Artificial intelligence shares fell worldwide on Monday after industry leaders warned of existential risks and called for slowing development. Chip makers led the global selloff as investors weighed the potential impact on future spending.
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Global AI-linked equities fell sharply on Monday as industry leaders warned of existential risks, threatening infrastructure spending that drove world markets to record highs. The broad selloff reflects mounting concern over heavy debt reliance and borrowing costs across the sector. Major tech indexes slid in early trading before paring losses.
