Asian shares have mostly declined, led by AI-related stocks, and U.S. futures have edged lower. Oil prices have gained more than 2% as worries grow over global oil supplies after Saudi Arabia shut down a major oil pipeline used to help bypass the Strait of Hormuz.

(Bloomberg) -- Asian stocks and US equity-index futures retreated after major artificial intelligence companies called for a slowdown in the technology’s development, raising…

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

By Sherry Qin and Adria Calatayud

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

By Sherry Qin and Adria Calatayud