AI Adoption Accelerates at London Tech Week as Nasdaq Falls 5%, KOSPI Drops 8%

During London Tech Week (June 8–12), financial firms reported accelerated artificial intelligence adoption while technology markets experienced sharp volatility. According to Cambridge Centre for Alternative Finance research, approximately 81 percent of financial-services firms now use AI, with roughly 40 percent operating at advanced deployment stages.

Last Friday, the Nasdaq 100 fell approximately 5 percent in its largest single-day decline since April 2025. South Korea's KOSPI index dropped more than 8 percent earlier this week, triggering exchange circuit breakers. The correction reflects growing market uncertainty around whether current AI-driven valuations align with operational realities.