Tech Markets Slide as AI-Slowdown Push Spooks Investors

1 min read
Source: The New York Times
Tech Markets Slide as AI-Slowdown Push Spooks Investors
Photo: The New York Times
TL;DR

Tech stocks worldwide fell after AI executives urged slowing frontier AI development; Nasdaq futures dropped about 1.5% as major AI and chipmakers including Nvidia, Samsung, SK Hynix, and TSMC retreated in premarket trading, with SoftBank down sharply in Japan. Anthropic CEO Dario Amodei called for a measured slowdown to reduce the risk of losing control over the technology.

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