Citi warns investors are getting picky about AI-linked IPOs as spending concerns mount
AI summary
Citi says investors are becoming more selective about AI-linked IPOs as concerns over AI spending grow. The shift is likely to hurt smaller AI firms that lack resources while favoring larger, better-capitalized players. Traders should watch this as a signal of cooling risk appetite in the AI trade, which has been a major driver of tech and crypto market sentiment.
