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US tech stocks slide after Altman warns on AI future and MIT study casts doubt on the hype

US tech stocks slide after Altman warns on AI future and MIT study casts doubt on the hype

Investor enthusiasm for artificial intelligence wavered Tuesday as major tech stocks sold off. Nvidia dropped 3.5% and Palantir nearly 10% after an MIT study claimed 95% of companies see no returns from generative AI, while OpenAI’s Sam Altman warned of a potential bubble. Nasdaq futures were down this morning, premarket. Investors’ long-running enthusiasm for artificial intelligence showed signs of faltering …

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