Global AI stocks fall as amid fears over rapid development risks

Jump to contentAllNewsSportCultureLifestyleNvidia and Anthropic logos are seen in this illustration taken (Reuters)Global AI-linked stocks plunged after tech leaders, including Anthropic's Dario Amodei, OpenAI's Sam Altman and xAI's Elon Musk, warned of severe risks from rapid AI development. Anthropic CEO Dario Amodei called for a slowdown in model advancements, warning that rogue AI agents could cause hundreds of billions of dollars in damage within 6 to 12 months. Sam Altman announced that OpenAI will not proceed with an IPO this year due to safety concerns, deepening market anxiety over massive debt-funded infrastructure spending. Major semiconductor and tech shares suffered steep losses across global markets, with significant drops for Nvidia, AMD, SoftBank and ASML. Nvidia fell 3% while AMD fell 5.7%.US President Donald Trump dismissed the warnings as "very negative forces", insisting that the US must maintain its position as the global leader in AI. More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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