Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Technology
Anna Wise

AI firms vulnerable to sharp drop in valuations, Bank of England warns

Tech firms are vulnerable to the risk that soaring valuations will drop sharply amid potentially “disappointing” progress around artificial intelligence (AI), the Bank of England has warned.

The risk of a “sharp correction” in the financial markets has increased, the Bank’s Financial Policy Committee (FPC) said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.