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LATEST

AI rollup startup Dwelly raises $170m backed by EQT and General Catalyst●Visionaries cuts investment team to two lead partners for next fund●Sabesp and EMAE Push Ahead with Merger Vote Despite CVM Request and Lawsuit●TIM to Inject US$132 Million Into Two Brazilian Subsidiaries●22-year-old travel company in bankruptcy, to liquidate●Birlasoft Q1 Results: Net profit jumps 51% YoY to ₹161 crore; TCV rises 20%●Northeast Brazil Wins New Beef Plants and Shoe Factories●Vanguard ETF offers simple path to $1 million●AI rollup startup Dwelly raises $170m backed by EQT and General Catalyst●Visionaries cuts investment team to two lead partners for next fund●Sabesp and EMAE Push Ahead with Merger Vote Despite CVM Request and Lawsuit●TIM to Inject US$132 Million Into Two Brazilian Subsidiaries●22-year-old travel company in bankruptcy, to liquidate●Birlasoft Q1 Results: Net profit jumps 51% YoY to ₹161 crore; TCV rises 20%●Northeast Brazil Wins New Beef Plants and Shoe Factories●Vanguard ETF offers simple path to $1 million●

Front Page

AI sell-off intensifies as investors ditch chip stocks

Business | The Guardian · 4h ago · 🇨🇳 China

AI sell-off intensifies as investors ditch chip stocks

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition Business live – latest updates The sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months. Investors continued to ditch chip stocks on Tuesday, amid rising concerns about the huge amount of borrowing among AI companies to fund their datacentre expansion plans. Continue reading...

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