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AI MARKET CONCERNS
US stocks today: US stocks slip as AI slowdown fears drag Nvidia and chipmakersUS stocks fell on Monday as fears over a slowdown in AI model development hit Nvidia and chipmakers. Nvidia dropped 3.2%, while Intel, AMD ...
Slow the AI race? Investors weigh the potential costCalls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and t...
AI slowdown trade hits Nvidia, SoftBank, SK Hynix as global tech stocks fall up to 10%Global tech and AI-linked stocks plummeted as investors reacted to growing safety concerns and calls from industry leaders like Anthropic’s...
Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
Global Market: Euronext, Deutsche Boerse shares rise on renewed merger talksEuronext and Deutsche Boerse shares rose around 2% after Euronext CEO Stephane Boujnah said a potential combination could make strategic se...
AI infrastructure struggling to keep pace with surging demand; real economy holds bigger opportunity: Goldman SachsAt the same time, the technology industry is debating whether to slow the pace of AI development. Anthropic CEO Dario Amodei advocated slow...
Global Market: European shares subdued as tech stocks slide, oil prices surgeEuropean shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp ri...
Global AI stocks slide as tech leaders call for a slower development of superintelligenceShares 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 m...
Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...
US Market: Goldman Sachs expects Fed to hike rates amid inflation fearsGoldman Sachs now expects the US Federal Reserve to raise interest rates by 25 basis points in September, reversing its earlier pause forec...
Global Market: South Korean shares fall as AI concerns weigh; won strengthensSouth Korean shares fell sharply on Monday, led by technology stocks, as concerns over the pace and risks of artificial intelligence develo...
Global Market: Japan stocks fall as AI concerns hit tech shares; Nikkei down 1.6%Japan’s Nikkei fell 1.6% on Monday, dragged by technology and semiconductor stocks as concerns over the pace and risks of artificial intell...
SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
Global Market Today: Asian stocks retreat after AI warnings, oil advancesThe Kospi Index — a key barometer for AI investments — fell over 3% with SK Hynix Inc. and Samsung Electronics Co. among the losers. Semico...
‘AI could kill us all’ warning brings back Baba Vanga’s old prediction on automation: What did the Bulgarian mystic say about AI takeoverA fresh warning from former Anthropic researcher Jacob Coxon that advanced AI could pose an extreme threat to humanity has brought renewed ...
OpenAI's Sam Altman won't do IPO this year, calls AI extinction risk 'unacceptable'The comments come as more US lawmakers urge new rules to govern AI systems after dire warnings from two researchers from OpenAI rival Anthr...
FM Sitharamran says AI researcher's resignation raises questions over safeguardsFinance Minister Nirmala Sitharaman on Thursday questioned whether safeguards being developed by frontier artificial intelligence companies...
‘This looks exciting!’ AI whistleblower Jacob Coxon backs new coalition after warning people building AI fear it could kill humanityAI researchers are organizing to address existential risks from advanced artificial intelligence. Jacob Coxon, a former researcher, has bac...
Barclays raises S&P 500 year-end target to 7,950 on strong earningsBarclays raised its year-end S&P 500 target to 7,950 from 7,800, citing strong corporate earnings and continued AI investment. The brokerag...
Jacob Coxon quits Anthropic with chilling AI warning: 'These will soon be superhuman systems that can hack anything, revolutionize any field overnight, and acquire...'Jacob Coxon, a former Anthropic researcher who also worked at OpenAI, has raised a chilling warning about the rapid development of artifici...