AI Market Sell-Off Raises Questions About the Cost of the Technology Boom
A sharp retreat in AI-linked equities is drawing attention to the financial risks behind the race to build increasingly powerful computing systems.
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A sharp retreat in AI-linked equities is drawing attention to the financial risks behind the race to build increasingly powerful computing systems.
The debate around AI is shifting from what the technology might accomplish to whether current spending levels can produce sustainable commercial returns.
North Korea has conducted its first underwater-launched missile tests in nearly three years, according to state media reports. The launches involved two types of strategic cruise missiles and have renewed concerns about the country's expanding naval capabilities and nuclear deterrence programme.
Global markets received fresh momentum from renewed enthusiasm surrounding artificial intelligence, with technology shares advancing as investors also monitored oil prices, geopolitical developments and upcoming US-China talks.
North Korea says it has successfully tested a new weapon incorporating what state media described as advanced defence technology, bringing renewed attention to the country's expanding military capabilities.
Technology shares lead gains across major Asian markets as investors assess interest-rate expectations, falling oil prices and prospects for renewed US-China engagement.