AI Stocks Stumble as Amodei Urges Caution on AI Pace
TL;DR Summary
AI stocks slumped in pre-market trading after Anthropic CEO Dario Amodei published a 3,800-word essay urging a slower pace of AI progress to manage risk. Names across AI infrastructure and semiconductors—MRVL, SKHY, SNDK, INTC, AMD, MU, SMCI—fell, with Nvidia (NVDA) and Broadcom (AVGO) down about 3% before the bell. Bernstein’s Madison Rezaei warns a slower training pace could dampen demand, notably for CoreWeave, while OpenAI’s Altman and Amodei emphasize safety and alignment as the debate over AI power and pace continues.
- AI stocks get drilled because of Anthropic CEO Dario Amodei's 3,800 word warning Yahoo Finance
- Exclusive | Anthropic Researcher Quits Over ‘Out-of-Control’ AI Fears WSJ
- Tech Stocks Shudder in Response to Calls to Slow A.I. Progress The New York Times
- We Must Pace the Frontier darioamodei.com
- AI's most powerful CEOs hit the brakes Axios
Reading Insights
Total Reads
0
Unique Readers
15
Time Saved
21 min
vs 22 min read
Condensed
98%
4,238 → 81 words
Want the full story? Read the original article
Read on Yahoo Finance