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LIVE: Nasdaq suffers record $2.3 trillion loss as AI sell-off deepens

By Aaron Wise

AI and tech led yesterday’s historic US stock crash, wiping off more market capitalization within one day than any single session in history. The post LIVE: Nasdaq suffers record $2.3 trillion loss as AI sell-off deepens 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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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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