The food bubble burst (but so far only in China) - investors lost 480 billion dollars. Over the past four months, shares of the top 50 Chinese technology companies in neural networks, robotics and semiconductors have fallen 40%. Following the panic and hype, the field of artificial intelligence took over a record 57% of the total trading turnover of the stock exchange. As a result, the massive influx of non-professional investors led to a severe correction, and companies on the verge of an IPO are now forced to sharply reduce their financial expectations. While the United States holds its ground, Asia records its first major losses in belief in neural networks. It seems to have started.

The food bubble burst (but so far only in China) - investors lost 480 billion dollars. Over the past four months, shares of the top 50 Chinese technology companies in neural networks, robotics and semiconductors have fallen 40%. Following the panic and hype, the field of artificial intelligence took over a record 57% of the total trading turnover of the stock exchange. As a result, the massive influx of non-professional investors led to a severe correction, and companies on the verge of an IPO are now forced to sharply reduce their financial expectations. While the United States holds its ground, Asia records its first major losses in belief in neural networks. It seems to have started.