In the Spotlight
China’s Stock Market Has Lost $2.4 Trillion as Investors Doubt Its AI Boom Will Ever Pay Off
In brief Stocks on China’s mainland have lost about $2.4 trillion in market value since May, and the STAR 50 index of tech and chip companies is down 40% in under four months. AI companies [...]
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Full-stack compute company Luxor Technology raised $16 million in a strategic round led by CMT Digital. The investment round also saw participation from Canaan, MicroBT, Halo, Steelhead, and additional angel investors, according to a Tuesday [...]
