ECB’s Panetta warns of correction risk on optimistic AI valuations

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Fabio Panetta, member of the European Central Bank’s Executive Board, has warned about the risks associated with current optimistic valuations of artificial intelligence companies. He highlighted the potential for a market correction should these valuations prove overly enthusiastic. Prediction markets indicate just a 1.8% probability of Anthropic reaching a $600 billion valuation by year-end. Market sentiment reflects growing caution about high valuations in the AI sector. Panetta’s warnings add to a series of similar cautions from financial analysts and industry experts.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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