Singapore Financial Regulator Warns AI Companies Are Overvalued

The Monetary Authority of Singapore has warned that technology and artificial intelligence companies are trading at inflated valuations. In its annual Financial Stability Review released Wednesday, the regulator said that equity markets are seeing "relatively stretched valuations concentrated in the technology and AI sectors." The MAS said much of the recent rise in global equity markets has been driven by investments linked to AI, leaving many investors heavily exposed to the sector. It also warned that ...