Gavin Grey: UK Correspondent on Bank of England warning of a "sharp correction" in the value of major tech companies
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
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A shipment of German ammunition, thought to be 20,000 rounds, has been stolen from a delivery lorry after the driver for a civilian transport company left his truck in an unguarded parking lot.
The Bank of England has warned of a potential "sharp correction" in the value of major tech companies amidst fears of an AI bubble.
UK Correspondent Gavin Grey told Heather du Plessis-Allan, "the bank is outlining that the growth of the AI sector in the next 5 years will be fuelled by trillions of dollars of debt, raising financial stability risks if then companies go bust."
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