AI-related stocks dropped sharply Monday after the CEOs of U.S. companies developing the most advanced AI models warned that the pace of development must...

Leaders of the world’s biggest artificial intelligence platforms said it’s time to slow the development pace of their most advanced — and most lucrative — models, citing…

Sam Altman and Dario Amodei back slower AI development, raising concerns over AI stocks, Nvidia, AMD, Micron and future AI spending. | Business News

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

By Sherry Qin and Adria Calatayud