Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by strong gains in technology stocks which mirrored their peer on the tech-heavy Nasdaq amid easing concerns over potential artificial intelligence disruptions. Traders also remain concerned about the lingering uncertainty about US President Donald Trump's tariff policies. Asian markets closed mostly higher on Tuesday.
Concerns about the disruptive effects of AI eased somewhat after AI startup Anthropic PBC emphasized partnerships with companies, adding its Claude chatbot technology will integrate with, rather than displace, existing businesses.
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