Washington - AFP US President Donald Trump said on Friday that he is not concerned about the possibility of a financial bubble in the markets surrounding artificial intelligence companies. In response to a question from AFP on the matter during a meeting with Hungarian Prime Minister Viktor Orban at the White House, he said: "I love artificial intelligence and I think it's going to be very, very helpful." He added, "We are ahead of China and ahead of the world in artificial intelligence," which points to the economic and geopolitical competition that is fueling an investment boom in this sector. Trump's statements come at a time when the New York Stock Exchange has shown signs of weakness in recent days, reacting cautiously to the rise...
Trump unconcerned about AI market bubble
US President Donald Trump stated he is not worried about a financial bubble in AI-related markets, claiming the US leads China and the world in AI. His remarks come as Wall Street reacts cautiously to the soaring valuations of AI companies.