SoftBank Group plunges 13% after OpenAI says IPO will not come this year

The Kospi Index — a key barometer for AI investments — fell over 3% with SK Hynix Inc. and Samsung Electronics Co. among the losers. Semiconductor makers and other AI-linked…

SoftBank shares dropped over 13% after Anthropic's Dario Amodei and OpenAI's Sam Altman called for slower AI development, clouding the OpenAI IPO

SoftBank Group plunges 13% after OpenAI says IPO will not come this year

Japans Nikkei fell 1.6% on Monday, dragged by technology and semiconductor stocks as concerns over the pace and risks of artificial intelligence development weighed on sentiment.…

Asian shares are mixed and U.S. futures have edged lower

AI safety concerns push tech stocks lower in Asia; oil spike also weakens sentiment