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A top-performing fund focused on developing economies is betting on artificial intelligence-related stocks while steering clear of Chinese equities in a bid to maintain its double-digit returns.
(Bloomberg) A CEO whose company says its artificial intelligence products are tools “that people can rely on” warned senators Tuesday that AI is much closer than anticipated to overtaking human intelligence and even helping to produce weapons of mass destruction.Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing Twi