It’s clear that the stock market is reacting to AI, with a sharp selloff hitting companies powering the AI boom last week, including chip companies that collectively lost over $1 trillion. But is there something about different companies’ approach to AI that’s triggering the different ways the market is reacting to those companies? As July came to a close, Microsoft was up 9 percent and Meta was down almost as much, with business headlines reporting that AI trade was splitting Big Tech and that…