Tech giants lose $1 trillion in one day after Democrats victory in midterms • FRANCE 24 English

Trillions of dollars have been wiped off the stock value of major tech firms in the US, Europe and Asia. Investors appear worried about the possibility of an AI slowdown and tougher regulation as Democrats won the midterms in the US. Some of the Democratic candidates had expressed their opposition to the data centres that are needed to power AI technology.
#Tech #AI #Midterms

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7 comments
  1. Investors weighing their options in the face of the inevitable regulations that will be implemented under democratic control.

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