Published Oct 26, 2026, 6:33 AM ET · Updated 19 days ago · 1 source

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

CoinDesk
CoinDesk
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Original Report
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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.