AI stocks plunge post-midterms as Canada bets big on data centres
By Global News
Thursday was the worst day of trading on the U.S. stock market in nearly two years. U.S. exchanges saw trillions of dollars in losses largely driven by a sell-off of tech and AI-related stocks following Democrat wins in the House and Senate — many of which campaigned against data centre buildout. Ottawa unveiled its…
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
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