AI-linked stocks slide after tech bosses call for slowdown in ‘reckless’ development

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%. Continue reading...