Home / Business and Economy / AI Valuations Plunge as Nasdaq 100 Suffers Worst Losing Streak in 5 Months
AI Valuations Plunge as Nasdaq 100 Suffers Worst Losing Streak in 5 Months
21 Aug
Summary
- Concerns about AI valuations amid Nasdaq 100's worst losing streak in 5 months
- Thoma Bravo to acquire Dayforce for $12.3 billion
- Google puts AI at the center of its new Pixel devices

As of August 22nd, 2025, the tech industry is facing a period of uncertainty and volatility. The Nasdaq 100 index has just experienced its worst losing streak in the past five months, raising concerns about the valuation of artificial intelligence (AI) companies.
In a separate development, private equity firm Thoma Bravo has announced plans to acquire Dayforce, a leading workforce management platform, for a staggering $12.3 billion. This acquisition reflects the ongoing consolidation and reshuffling within the tech sector, as companies seek to bolster their AI and cloud-based capabilities.
Elsewhere, tech giant Google has made a strategic move by placing AI at the center of its new Pixel devices. This shift underscores the growing importance of AI in the consumer electronics market, as companies strive to offer more intelligent and personalized experiences to their customers.