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German multinational investment bank Deutsche Bank is looking for avenues to hedge its exposure to data centres, persons in the know told Financial Times .

The bank's search for these ways comes in the backdrop of spending billions of dollars in the sector to catch up with the growing artificial intelligence demand.

Executives at the bank are looking to shrink their exposure to the seemingly booming industry, according to the publication.

Investors are steadily forming a hawkish view towards what is being referred to as the 'AI bubble', with many of them having sold shares of major tech companies.

A number of firms, seen as the

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