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AI News from ET - Fitch warns AI market correction emerging as major global credit risk

Vishwadeep Khatri
in AI News & Two Lenses

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Ratings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise concerns about future returns. Geopolitical risks, including US-Iran conflict and El Nino, also pose credit threats. Global growth is expected to slow, with inflation impacted by energy prices. Highly indebted nations face particular vulnerability to these compounding risks.

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