Global stock markets are experiencing a significant downturn as fears grow over a potential correction in the booming valuations of artificial intelligence companies. This decline, affecting markets in the US, Asia, and Europe, follows warnings from bank executives about the sustainability of current market trends. The situation is concerning as it highlights the volatility in tech investments and raises questions about the future of AI-driven growth, making it a critical moment for investors and the economy.

Bloomberg's Caroline Hyde and Ed Ludlow highlight the recent decline in tech shares amid rising concerns about the sustainability of the AI rally. They also analyze earnings reports from companies like Palantir, Uber, Spotify, and Grab. Additionally, the world's largest sovereign wealth fund has voted against Tesla's proposed pay package for CEO Elon Musk.

A fascinating initiative is underway to sequence all of Europe's lepidoptera, focusing on the diverse species of moths and butterflies. This ambitious project, taking place in the stunning Italian Alps, aims to enhance our understanding of biodiversity and the ecological roles these insects play.

Xiaomi's ambitious push into the electric vehicle market is raising concerns about the heavy toll on its workforce, highlighting the detrimental effects of China's intense work culture. This situation is significant as it sheds light on the broader implications of corporate practices in the tech industry, where the drive for innovation often comes at the expense of employee well-being.

A new class of synthetic opioids known as nitazenes is emerging as a significant threat, being 40 times more potent than fentanyl. This alarming trend is not just confined to the United States but is also spreading across Europe and Australia, raising serious concerns about public health and safety. The increasing prevalence of these drugs highlights the urgent need for awareness and intervention to combat the opioid crisis.

Experts are excited about recent breakthroughs in EV battery technology, highlighting which innovations are likely to make a real impact on electric vehicles and which ones may just be wishful thinking. WIRED provides insights into the most promising advancements.

Microsoft has made a significant move by signing a $9.7 billion deal to purchase AI computing power from IREN Ltd., marking a pivotal moment as it becomes the largest customer of the Australian company. This partnership not only strengthens Microsoft's position in the AI landscape but also highlights the growing demand for advanced computing capabilities in the tech industry.

A woman has made headlines for her predictions regarding the rise of tech fascism, a term that describes the increasing control of technology over personal freedoms. This topic is gaining traction as society grapples with the implications of technology on privacy and autonomy. Her insights spark important conversations about the balance between innovation and individual rights, making it a relevant discussion in today's digital age.