China Loses $480 Billion on AI; the City Says It Will Be Fine
London Fund Managers Look Up What STAR Stands For LONDON, England (Prat.uk) — Fund managers across the Square Mile spent the early part of the week on an unfamiliar task, which was finding out what the Chinese STAR 50 index actually contains. The answer, according to Reuters, is a basket of mainland artificial intelligence and semiconductor companies that has lost 40 percent of its value in under four months. That…