Trillions of dollars have been wiped from China's stock markets in recent months, with the STAR 50 index of technology firms down 40% since June, as investors worry about the sustainability of Beijing's AI boom. The Guardian
the GuardianChinese markets lose trillions as race for AI supremacy with US takes its tollLack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boom
Is this a sign that AI spending is running ahead of profits, or an ordinary correction after a fast run-up?
