AI investment fears wipe out $2.5 trillion from US markets
New York [US], November 6 (ANI): Concerns over a possible slowdown in artificial intelligence-related investments wiped out around USD 2.5 trillion in US stock market value on Thursday, as a sharp sell-off in technology stocks erased Wall Street’s post-election rally, CNN reported.
The sell-off came amid fears that gains by the Democratic Party in the US midterm elections could lead to restrictions on data centre expansion and slow down the country’s artificial intelligence infrastructure development.
