The market’s confidence in artificial intelligence may be wavering, and companies with big investments in it seem to be shedding supporters. The Financial Times notes that , over the course of the past week, approximately $1 trillion in stock value has been wiped from several of Silicon Valley’s heaviest hitters, all of which are heavily enmeshed in generative AI. Those companies include Oracle, Meta, Palantir, and Nvidia, the outlet notes. The outlet calls it the worst week for Wall Street since Trump’s “ liberation day .”
The downturn in tech stocks isn’t contained to the industry’s biggest winners. There are also companies like Sweetgreen, the salad company that has tried to position itself as an automation company that serves salads on the side. Indeed, Sweetgreen has tried to dab

Gizmodo

Fortune
Sweetwater Now