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

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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.

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

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/10/26/calpers-pulls-back-from-big-tech-as-ai-jitters-deepen-neocloud-sell-off