Dollar Falls on AI Concerns and Midterm Election Jitters
The dollar falls as investors weigh AI concerns and jitters ahead of Tuesday’s midterm elections. Apple warned that serving its AI tools would squeeze margins; Anthropic posted an operating loss.
0739 GMT - The dollar falls on AI concerns and investor jitters ahead of Tuesday's midterm elections. Apple on Monday warned that the cost of serving its AI tools would squeeze its margins, fuelling worries about the sustainability of AI investments. AI model maker Anthropic posted an operating los…