Tech Stocks Slide as Debt Concerns Hit AI Infrastructure Firms
A retreat from technology equities deepened on Friday, dragging the Nasdaq down more than 2 percent as concerns over high debt loads and financing costs hit AI infrastructure providers.
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A retreat from technology equities deepened on Friday, dragging the Nasdaq down more than 2 percent as concerns over high debt loads and financing costs hit AI infrastructure providers.
Citadel acquired the bulk of the portfolio, while Leopold Aschenbrenner's fund retained private investments including a reported $5 billion Anthropic stake.