00:05I am Elisa Piazza and this is today's short coffee, Thursday 12th February with
00:10Things to know before the markets open. After software and financial services
00:16Real estate services, always in fear, ended up in the eye of the storm on Wall Street yesterday
00:21that this sector too will suddenly become irrelevant due to intelligence
00:27artificial. This phenomenon has already been dubbed AI Scare Trade, therefore a strategy
00:33market driven by fear of AI and has also caused victims in the business square with Banca
00:38Mediolanum, Fineco Bank and Banca Generali which closed last night with losses of between 8
00:44and 9 percentage points. Two, regarding AI, the French start-up Mistral, leader in
00:49Europe continues to grow. Revenues have increased 20-fold in the last year, from 20
00:55to over 400 million euros, thanks to the growing demand for alternatives to
01:00American tech companies by European companies and governments. The startup has just announced
01:06among other things, to invest one billion and two in Sweden to build data centers.
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