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Is the AI bubble bursting just as Anthropic goes public?

The sharp sell-off in tech stocks after the US midterms has cast doubt on Anthropic's looming IPO. Yet, with hundreds of billions still being invested, some think the AI party is still in full swing.

We haven't written up this one. DW Business has the full story — the link below goes straight to it.

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More in AI

Amazon seeks to amass data on every item for sale worldwide to fight AI shopping agents

Called World Product Graph, the initiative seeks to hoover up data on virtually every item for sale on Earth, whether Amazon stocks it or not, according to an internal document reviewed by Reuters.

  • Amazon plans to collect data on every item worldwide for its shopping experience.
  • World Product Graph project aims to rival Google's online search dominance.
  • Coca-Cola and Bayer have agreed to contribute product data to the initiative.

America’s AI bubble is a Ponzi scheme

America’s AI bubble is starting to look like a Ponzi scheme. Artificial intelligence companies increasingly rely on a data centre boom that allows them to raise more money from debt markets.

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