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Wall Street experienced a historic selloff in technology stocks, with the sector losing $2.5 trillion amid what was described as an AI reality check.
Susan Li highlighted the magnitude of this downturn in a recent update.
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Earlier this month, Susan Li reported that Nvidia was in talks to acquire Reflection AI, with a possible deal expected within weeks, though terms remained unclear (full article). In a separate update, she noted that Anthropic’s top five customers accounted for about 25% of revenue during the nine months ended September 30 (full article). These updates come as tech stakeholders monitor shifting dynamics in the sector.