AIAxios Techabout 2 hours ago
Investors Pull Back on AI Funding
3 min read
Investors are pulling back funding for the AI trade, demanding more evidence of returns. Neocloud stocks like Elice plunged over 30% on debut, while Firmus shelved its IPO. Despite this, JPMorgan raised its forecast for large-cap stock returns to 7.5% over the next 10 to 15 years, citing AI-driven productivity gains.
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