Central banks flag AI bubble risk

The Bank of England’s Financial Policy Committee says AI‑focused tech equities look 'stretched' and a sudden correction is now more likely. With OpenAI and Anthropic valuations surging, the BoE warns a sharp selloff could choke financing to households and firms and spill over to the UK. — It moves AI from a tech story to a financial‑stability concern, shaping how regulators, investors, and policymakers prepare for an AI‑driven market shock.