Recent jitters surrounding artificial intelligence have led to a significant market downturn. The Nasdaq 100 has dropped nearly 10% in just three weeks following its peak on October 6, including a sharp 4.5% fall last Friday.
This decline reflects growing anxiety among investors about the rapid expansion and impact of AI technologies. Companies in the AI sector are responding cautiously, with reports that OpenAI has reduced its fundraising and valuation targets amid these shifting sentiments.