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The Independent UK
The Independent UK
National
Chan Ho-Him

Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industry

Japan Financial Markets - (Miyuki Saito/Kyodo News via AP)

Asian shares were mixed Monday, as shares of Japanese investment conglomerate SoftBank Group, a key investor in OpenAI, fell more than 10% following calls from Anthropic and OpenAI to slow AI development for safety.

U.S. futures edged lower, while oil prices gained more than 3% as worries grew over global oil supplies after Saudi Arabia shut down a major oil pipeline used to help bypass the Strait of Hormuz after it was attacked.

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