AI Stocks Tumble In Asian Markets After Anthropic, OpenAI CEOs Warn Against Rapid Development Pace
AI-related stocks witnessed sharp declines on Monday after executives from leading artificial intelligence companies warned that the industry must slow the development of advanced AI models to address potential risks. According to a report by Reuters, Nasdaq e-mini futures dropped 1.3%, while shares of SoftBank, an investor in ChatGPT maker OpenAI, fell as much as 13.2% in Japan. Semiconductor…
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