The global tech selloff is spilling beyond stock markets, prompting some of the AI boom’s biggest beneficiaries to rethink plans to raise money through public listings. On Friday, South Korean memory-chip giant SK Hynix said it was abandoning a review of a potential US initial public offering of its Solidigm subsidiary, citing market volatility and
In 2012, I was working in a career that many would consider a dream. I was a publicist in the Country music industry. As a lifelong lover of music and a classically trained pianist at New York University, it was thrilling. Every day was exciting, whether I was working a red carpet in Las Vegas
For months, Wall Street debated whether AI spending had become too much, too fast. Now, after calls by some of the industry’s biggest names to slow frontier AI development, investors are asking whether AI spending could slow, too. “Does a “pacing slowdown” necessarily imply a spending slowdown? We don’t think so,” Bernstein analysts wrote Monday,
