Bank of England warns AI-bubble could burst

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The Bank of England has warned of the risk of an AI-bubble, after it assessed some company values in the sector as "stretched". In a report out today, officials at the bank’s Financial Policy Committee drew comparisons with the pile-on for ‘dotcom’ stocks 25 years ago.

The price of gold has hit a record high of more than $4,000 an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world.

And the UK prime minister is leading a delegation of more than 100 entrepreneurs, business and cultural leaders and university vice-chancellors on his visit to India, as he attempts to boost UK investment.

Presenter: Sarah Rogers
Producer: Ahmed Adan
Editor: Justin Bones
8 Oct 11AM English United Kingdom Business

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