Asian markets fell sharply due to AI-related fears, with Anthropic's valuation hitting $1.25T by December at 85% YES.

(Bloomberg) -- Asian equities declined as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers.

South Korea's Kospi index has plunged over 10% on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial…