Relevant bit:
“We also need to be careful of investing in companies with alluring themes such as AI,” Mr Lincoln added.
“Most AI stocks in the Australian sharemarket are financially unhealthy such as Brainchip, Nuix or Weebit Nano.”
The mention of Nuix comes as the firm is being raked over the coals in a parliamentary inquiry as senators call for the corporate regulator, ASIC, to pursue the company in a court of law.
Is Weebit Nano an AI company, and a financially unhealthy one at that?
CH may well ask for a correction or clarification be published, or a writ of libel be served.
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