European tech shares tumble as China's AI push spooks investors
- Posted on January 27, 2025
- By Business News Today
- 3 Views
European tech shares tumble as China's AI push spooks investors
European shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly tech.