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Elice

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    AI firm Elice plunges 32% in market debut as data centre stocks slide●AI firm Elice plunges 32% in market debut as investors dump data centre stocksYhnBusinessMarkets719 min ago

    South Korean AI data centre firm Elice fell 32% in its stock market debut, with investors selling off data centre stocks broadly amid doubts about valuations and the pace of AI infrastructure spending. The weak opening adds to concerns that enthusiasm around AI-related listings and data centre builders may be cooling, hitting newly public firms hardest.