China Reportedly Halts IPOs and Share Sales: Is the AI Trade Cracking?
China reportedly told banks to pause IPOs and share sales after the CSI 300's worst month in a decade. What it means. The post China Reportedly Halts IPOs and Share Sales: Is the AI Trade Cracking? appeared first on BeInCrypto.
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Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
An IPO raises money for the company and lets early owners and investors sell part of their stake.
More about Initial public offeringArtificial 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.
More about Artificial intelligenceMore in AI
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