The artificial intelligence bubble has burst, but so far only in China - the technology sector lost $480 billion in capitalization, writes Reuters in four months, the top 50 stocks in the field of artificial intelligence, robotics and semiconductors fell by 40%. Before that, investors bought everything on the hype - the sector accounted for 57% of the stock market's turnover. Now private investors are counting losses, and companies preparing for IPOs are sharply lowering their valuations. Some are already finishing their work. finally.

The artificial intelligence bubble has burst, but so far only in China - the technology sector lost $480 billion in capitalization, writes Reuters in four months, the top 50 stocks in the field of artificial intelligence, robotics and semiconductors fell by 40%. Before that, investors bought everything on the hype - the sector accounted for 57% of the stock market's turnover. Now private investors are counting losses, and companies preparing for IPOs are sharply lowering their valuations. Some are already finishing their work. finally.