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Calpers pulls back from big tech as AI jitters deepen neocloud sell-off

California’s pension fund shifts toward private equity as investors question tech valuations and the payoff from soaring AI spending.

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Calpers pulls back from big tech as AI jitters deepen neocloud sell-off
Larawan: CoinDesk

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California’s pension fund shifts toward private equity as investors question tech valuations and the payoff from soaring AI spending.

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