Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Global AI stocks fall as industry chiefs call for slowing development

AI-linked stocks across the globe plunged on Monday after leaders of the biggest AI companies warned of risks from rapid development, the starkest ​threat yet to the billions of dollars being poured into the industry ​that have pushed world markets to record highs.

Anthropic 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 capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said they agree with Amodei.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.