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Robotics & Autonomous SystemsBusiness & IndustryPolicy & RegulationSafety & SecurityBenchmarks & EvaluationOpen Source & CommunityAI in Society

10 NovBusiness & IndustrySemafor

Gulf sovereign wealth funds are among those hit by the AI sell-off

AIAI-generated summary Sovereign wealth funds in the Gulf are among the investors affected by an artificial intelligence sell-off that caused their listed portfolios to drop $30.5 billion since the end of June according to GlobalSWF. GlobalSWF head of research Daniel Brett stated that strategic investors are unlikely to retreat from artificial intelligence despite the stock market slump.

AI Economics

Earlier: Asia Hedge Funds, Rich Investors Face Steep Losses in AI Selloff
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