US Tech Stocks Drop Amid AI Bubble Concerns and MIT Warnings
TL;DR Summary
US tech stocks declined sharply after an MIT study questioned the profitability of AI investments and OpenAI's Sam Altman warned of a potential AI bubble, raising concerns about the sustainability of the current AI boom.
- US tech stocks slide after Altman warns of ‘bubble’ in AI and MIT study doubts the hype Fortune
- OpenAI's Sam Altman sees AI bubble forming as industry spending surges CNBC
- The Tech Stocks Selloff Spells Trouble for the AI Trade. Why Markets Are Twitchy and 5 Other Things to Know Today. Barron's
- FirstFT: New MIT report spooks tech investors Financial Times
- Morning Bid: Tech angst on AI doubts Reuters
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