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Tech Stocks Slide After AI Industry Leaders Call for Slower Development

Technology ·

Tech Stocks Slide After AI Industry Leaders Call for Slower Development

Shares of major tech and chip companies fell across Asia, Europe and US futures markets after a rare public alignment among AI industry leaders, including OpenAI's Sam Altman and Anthropic's Dario Amodei, calling for the pace of AI development to slow over safety concerns, while President Trump downplayed the risks and emphasized US competitiveness against China.