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Extinction events, data centre dramas and the US midterms: Why AI stocks lost trillions in one day

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Trillions of dollars have been wiped off the value of tech companies after investors rushed to sell their shares. It was triggered by the Democratic victories in the US midterms - and fears the party would slam the brakes on data centres and AI development. But there are other long-term factors that are giving investors the jitters. Sky's economics and data editor Ed Conway takes a look at the structural problems in the AI sector. AI sell-off latest: https://news.sky.com/story/midterms-trump-latest-live-house-senate-democrats-republicans-win-13575072 #ai #artificialintelligence #globaleco…

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Extinction events, data centre dramas and the US midterms: Why AI stocks lost trillions in one day

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