AGP Executive Report
Last update: 5 hours agoAI Market Shock: A global tech sell-off erased about $2.5 trillion from Nasdaq-listed companies after US midterm results stoked fears of tighter AI rules and data-center limits. The Nasdaq fell 5.5%, while Japan’s Nikkei and South Korea’s Kospi each dropped 6%. Washington’s AI Reckoning: Democrats are preparing hearings and investigations into AI companies, with scrutiny expected to intensify when they take control of Congress in January. Data-center expansion is also drawing local opposition over energy costs and environmental impacts. Health Tech: Belfast-based PulseAI won US FDA clearance for software that uses AI to analyse ECG readings from smartwatches and other wearables, opening a path to wider clinical use. Youth Online Safety: Meta, Google and TikTok are suing California over a law restricting features such as autoplay and personalised feeds for users under 16.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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