📋 Quick Takeaways

• AI Bubble Concerns: A global stock selloff is signaling a potential end to the AI bubble, with investors beginning to scrutinize high valuations.
• MIT Tech Review on “Hype Correction”: Analysis suggests the industry is entering a period of disillusionment after the initial generative AI boom, shifting focus to practical value.
• Nvidia Acquires SchedMD: Nvidia acquired the developer of the Slurm workload manager, tightening its grip on the AI infrastructure stack.
• AI Hacking Bots Emerge: A Stanford study reveals AI “hacking bots” are becoming as effective as human hackers, posing new cybersecurity threats.
• Biren Technology IPO: Chinese AI chip startup Biren Technology is preparing a $300M IPO in Hong Kong, highlighting the race for domestic hardware.
• Oracle Refutes Delays: Oracle denied reports of delays in building OpenAI-linked data centers, calming market fears of an infrastructure slowdown.
• Walmart Details AI Strategy: The retail giant unveiled its updated AI strategy, focusing on deeper integration into logistics and store operations.

📉 Market Analysis & Trends

Global Stock Selloff Signals Potential End of AI Bubble

Market Jitters: A global selloff in certain tech stocks on December 15 is being interpreted as a sign that the AI investment bubble may be ending. Analysts suggest this is a “healthy” correction, with investors rotating out of overvalued companies while remaining positive on the broader market’s fundamentals.