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Viking Global loses 1.2% in October after avoiding major AI bets

Viking Global Investors' flagship hedge fund lost 1.2% in October, although its relatively cautious approach to artificial intelligence-related investments helped it outperform several competitors…

  • Viking Global Investors declined 1.2% in October.
  • Co-founder Andreas Halvorsen avoided major AI bets.
  • AI supply chain companies still held significant exposure.

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