←News detail

Sina TechUpdated Nov 2 23:00

Hassett Downplays AI Financing Concerns: No Large-Scale Sell-Off Expected

AI summary

Hassett downplayed concerns about AI financing, saying that while the market may see a minor pullback, he does not believe at all that a wholesale sell-off will occur. He noted that some companies are heavily indebted, but cash-rich giants hold related equity and debt, and would step in if a company runs into trouble or seizes the opportunity to take over—though he added that it may not come to that.

Body · AI translation

Related topics top start Related topics top end Futures promotion begin Futures promotion end Miaopai begin Miaopai end Video player start Video player end Market chart begin Market chart end

He said that some companies are highly indebted, but deep-pocketed giants can be seen everywhere in the market, holding the relevant equity and debt; once a company falls into difficulty, these giants may seize the opportunity to step in and take over.

He added: "But I think it may not come to that."

"The market sometimes sees small pullbacks, but I do not think a full-scale sell-off will happen at all." news_keyword_pub,usstock, iframe below main text iframe below main text General statement General statement QR code at end start QR code at end start

QR code at end start QR code at end start Editor name and work code

Editor name and work code

Source

Sina Tech