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International Business Times

Business

Asian Markets Limp Into Weekend As AI Bubble Fears Grow

Asia United States ChatGPT Middle East OpenAI Samsung

Huge investment announcements by ChatGPT-maker OpenAI this week boosted tech optimism but there are worries that the AI-fuelled rally may have run too far (Credit: AFP)

Asian equities staggered into the weekend Friday following a mixed week that saw a Middle East ceasefire and huge new AI investments play off against the US shutdown and concerns about a tech bubble.

While some markets hit record highs along with gold and bitcoin, talk is growing that valuations among some companies may have run too high, sparking talk of a pullback.

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