Donald Trump dismisses attempts to increase controls on artificial intelligence as ‘sick conspiracy’
AI-linked stocks tumbled on Monday after the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in AI “reckless” development, citing fears the technology could soon run out of control.
Shares in the semiconductor designer Nvidia – the world’s most valuable company – were down 3% by early afternoon in New York, while Advanced Micro Devices (AMD) slid 4.4% and Micron Technology and Sandisk shares slumped by 5%.
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