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2025 › November › 05
AI
8 months ago
Its valuation looks bonkers. Its business isn’t
Snap shares jump after $400mn deal with AI start-up Perplexity ⊕
Social media group will integrate the artificial intelligence search engine within its app
Figma delivers strong forecast as AI draws in more customers ⊕
People are signing up for Figma to use its Make tool for generating app designs with artificial intelligence, CEO Dylan Figma said.
Snap shares rocket 25% on strong forecast, $400 million Perplexity deal ⊕
Perplexity AI will pay the social media company $400 million over 1 year to integrate the AI startup's search features into Snapchat in 2026, Snap said.
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk. ⊖
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Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.
Wealthy investors expected to drive $32 trillion alternatives boom ⊕
A recovery in IPOs and mergers, falling interest rates and the AI boom will all drive a new growth cycle in private markets, according to Preqin.
Global stock markets fall sharply over AI bubble fears ⊖⊖
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a story from The Guardian ⚠️ › International
Drop in US, Asia and Europe follows warning from bank bosses that market correction could lie ahead
Business live – latest updates
Global stock markets have fallen sharply amid concerns that a boom in …
Tech shares fall over AI bubble fears ⊖
Shares of major tech companies have fallen in the US and Japan over fears about the valuations of firms linked to AI.
Asian chipmakers tumble in global stock sell-off amid worries over AI bubble – business live ⊕
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a story from The Guardian ⚠️ › International
Deutsche Bank: Growing chorus of ‘whether we might be on verge of equity correction;’ China ends tariffs on US imports including farm goods but soy bean levies remain
Jim Reid, analyst at Deutsche Ban…
CNBC Daily Open: When AI hype hits gravity ⊕
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a story from CNBC ⚠️ › World News
AMD smashed expectations, and Palantir reported another quarter of strong growth. Yet the Nasdaq fell, revealing Wall Street's playlist is stuck on AI mania.