← Back to Model Beat
Industry·Jul 8·all news from July 8, 2026

Australian Pension Shrugs Off AI Bubble Fears, Plans to Buy Dips

UniSuper, one of Australia's largest pension funds, plans to increase its holdings in United States technology companies if share prices decline. The fund remains confident that artificial intelligence will drive corporate earnings growth for several years, dismissing concerns that the current tech sector valuation reflects an unsustainable bubble.

Covered by 1 source

Related stories

IndustryOpenAI Executive Fidji Simo to Step Down After Medical LeaveJul 9 · 5 sourcesIndustryMeta to Build First Data Center in Canada, Expanding Global FleetJul 8 · 5 sourcesIndustryA Startup That Builds AI Agents Used One to Raise $100 MillionJul 9 · 2 sourcesIndustryOpenAI and Anthropic are giving away millions in computing power to attract startupsJul 7 · 3 sources