Gavin Grey: UK Correspondent on Bank of England warning of a "sharp correction" in the value of major tech companies
Description
Former Prince Andrew will get to stay in the Royal Lodge for another year, but likely won't receive compensation for the early termination of his lease.
A shipment of German ammunition, thought to be 20,000 rounds, has been stolen from a delivery lorry after the driver for a civilian transport company left his truck in an unguarded parking lot.
The Bank of England has warned of a potential "sharp correction" in the value of major tech companies amidst fears of an AI bubble.
UK Correspondent Gavin Grey told Heather du Plessis-Allan, "the bank is outlining that the growth of the AI sector in the next 5 years will be fuelled by trillions of dollars of debt, raising financial stability risks if then companies go bust."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
United States
