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Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boom

Several AI-linked stocks gave up more ground as major indexes dropped in a fourth-straight trading session.

Once asset light businesses have morphed into capex-heavy hyperscalers, leading to investor concern.

Stocks across the globe have been on a volatile ride this week as AI bubble fears weighed on sentiment.

Rolling coverage of the latest economic and financial news