AI-linked stocks fall after call for development slowdown worries investors – business live

Rolling coverage of the latest economic and financial newsAI CEOs say they need to slow the pace of development. But will they?The Guardian view on controlling AI: humanity cannot outsource its survivalThe Financial Times are reporting that Anthropic has told its backers it will be profitable this quarter.This might allay investor concerns about the aggressive cash burn of frontier AI companies ahead of Anthropic’s blockbuster initial public offering.The company has told a small group of shareholders that its adjusted operating income will be positive for the second consecutive quarter, according to multiple people with knowledge of the matter. The measure