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AI companies rush to borrow cash as stocks crash

By Aaron Wise

An index of AI chip stocks has declined by 27% since July, while those same AI companies have rushed to borrow record levels of cash. The post AI companies rush to borrow cash as stocks crash appeared first on Protos.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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