TechAI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development
AI-linked shares fell across Asia after leaders of Anthropic, OpenAI and SpaceX backed calls to slow what they called “reckless” development, warning the technology could run out of control. SoftBank dropped 13%, South Korea’s Kospi fell 3% and TSMC declined 1.2%. Donald Trump rejected the proposal, saying the US must maintain its lead over China.
AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development
Tech