Shares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to major suppliers of AI chip stocks, dropped nearly 4 per cent, while Japan's Nikkei 225 index declined 1 per cent. The Nasdaq 100 futures index pointed to a 1.3 per cent lower opening for the US tech-heavy index.

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

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

Global tech and AI-linked stocks plummeted as investors reacted to growing safety concerns and calls from industry leaders like Anthropics CEO to decelerate AI development,…