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Evening Standard
Evening Standard
Anna Wise

Tech stocks fall after calls for AI development to slow

Dario Amodei United States Anthropic Elon Musk
US technology stocks have slumped after warnings from AI bosses (Kearney Ferguson/AP/PA) -

Global technology stocks have slumped after warnings from artificial intelligence (AI) bosses sparked fears that the pace of the technology’s development could slow.

A sell-off was sweeping across Wall Street on Monday afternoon, helping drag on the tech-focused Nasdaq 100 index which was down by about 1.2%.

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