AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development
Shares of companies tied to artificial intelligence fell after chief executives from Anthropic, OpenAI and SpaceX urged a pause in what they described as reckless AI development. The warning triggered declines in tech stocks across Asian markets and raised expectations of a pullback on the Nasdaq later. Investors cited the remarks as a signal for tighter oversight, contributing to the sell‑off.