Business · Markets · 1 hr ago

China AI Model Developer Stocks Lose $150 Billion as Selloff Deepens

China AI Model Developer Stocks Lose $150 Billion as Selloff Deepens

Chinese AI model developer stocks have lost $150 billion in value.

The companies are based in China, and their shares are still being sold off.

The selloff shows no sign of easing, according to the current outlook.

Competition among AI model developers is growing more intense.

Rival listings next year are another concern for investors.

The possible new listings add to pressure on the companies’ stocks.

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