AI-linked stocks fall following tech bosses call for slowdown in ‘reckless’ development

The Guardian — World has covered a development concerning “AI-linked stocks fall following tech bosses call for slowdown in ‘reckless’ development,” with the available account limited to the facts included in the supplied text.

Shares in tech firms tumble across Asia with Nasdaq also likely to dip later following Anthropic, OpenAI and SpaceX leaders back call Business news – live updates AI-linked stocks tumbled on Monday following the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in “reckless” development citing fears the technology could soon run out of control. The report also notes that Shares in SoftBank, a Japanese investor that is a big backer of OpenAI, slumped 13%, while the South Korean Kospi stock index, which relies heavily on chip makers that supply AI companies, dropped by 3%.

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