stopthatgirl7@kbin.social to

Technology@lemmy.world · 11 months ago

AI Companies Lose $190 Billion After Dismal Financial Reports

370

AI Companies Lose $190 Billion After Dismal Financial Reports

stopthatgirl7@kbin.social to

Technology@lemmy.world · 11 months ago

Reuters reports that AI-related companies lost $190 billion in stock market value on Tuesday following disappointing earnings reports.

Reuters reports that AI-related companies lost $190 billion in stock market value on Tuesday following disappointing earnings reports.

Chat

xantoxis@lemmy.world
link
fedilink
English
arrow-up
15
arrow-down
2·
11 months ago
The companies didn’t lose that money. Their investors didn’t even lose that money. A number went down temporarily, that’s all.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.42K users / day
8.08K users / week
15K users / month
32.7K users / 6 months
4 local subscribers
60K subscribers
13K Posts
578K Comments
Modlog