Tech Stocks Decline Amid AI Investment Concerns

Major cloud providers are investing approximately $700 billion annually in AI-related infrastructure. According to NS3.AI, market sentiment is becoming cautious due to concerns about the sustainability of these capital expenditures. Leading tech stocks, particularly those heavily tied to AI and known as the Magnificent Seven, have seen significant price declines, with Microsoft experiencing a notable drop in valuation multiples. In the crypto space, a subtle shift is occurring as Bitcoin miners and blockchain payment systems begin integrating AI capabilities through long-term leases and machine-to-machine payment protocols.