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Technology@lemmy.world · 9 months ago

AI Companies Lose $190 Billion After Dismal Financial Reports

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AI Companies Lose $190 Billion After Dismal Financial Reports

stopthatgirl7@kbin.social to

Technology@lemmy.world · 9 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.

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9 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.

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