US stock futures, Asian markets down on concerns over Chinese AI advances
General Idaho
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July 17, 2026
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By Chris Isidore, CNN (CNN) — Overseas stocks and US stock futures fell sharply Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk. The announcement came from Chinese company Moonshot, which unveiled Kimi K3, its most capable
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