CNBC_ European stock markets closed Thursday's trading with collective gains, shrugging off growing concerns in global markets regarding tech companies' overspending on artificial intelligence technologies.
The European STOXX 600 index closed up by 0.33%, supported by the positive performance of several key sectors in the European market.
Germany's DAX index recorded an increase of about 0.27% at the close of trading, extending its gains despite the cautious mood dominating global tech markets.
France's CAC index rose by 0.78%, benefiting from a broad rally among stocks listed on the Paris Bourse.
Britain's FTSE 100 index posted the best performance among major European indices, closing up by 1.08%.
The European market gains came despite growing investor anxiety over tech companies' massive spending levels on artificial intelligence projects, and questions regarding whether future returns will be sufficient to justify these high investments.
