Business · Markets · 10 hrs ago

Markets rebound as investors keep weighing AI risks

Markets rebound as investors keep weighing AI risks

Investors were returning to stocks after recent falls, but doubts about AI-linked companies remained.

Asian share markets rebounded and US stock futures rose, while futures on the EuroStoxx 50 stayed weak.

The concern is whether heavy investment in AI can produce lasting profits, given the high costs and debt involved.

California-based Anthropic is preparing to list on Wall Street, with a target valuation of about $1.5 trillion, though some investors want a lower figure.

Nvidia’s board has opened an independent investigation into reports about possible Chinese intelligence involvement in dealings with its chief executive, Jensen Huang; he has said he will cooperate.

Investors will also watch US inflation data and company earnings this week for signs of how the economy and AI business are developing.

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