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Trump downplays AI risks ahead of Xi summit, prioritizes US-China edge
La RepúblicaLO·US · CN·2 days ago
Tech stocks tied to AI have fallen sharply this month following calls from industry leaders for a more cautious approach to AI development. The decline reflects investor concerns over potential regulatory tightening and a slowdown in AI investment. The exact trigger and scope of the selloff remain unclear, but the shift in sentiment marks a notable reversal from the recent AI-driven rally.