industryYESTERDAY 22:10 UTC
AI stocks fall after tech leaders urge slower development; Trump rejects AI controls
Shares in AI-related companies dropped on Monday after the heads of Anthropic, OpenAI and SpaceX publicly backed slowing down what they described as uncontrolled AI development, warning the technology could slip beyond human control. Donald Trump rejected proposals for tighter AI regulation, calling such efforts a conspiracy. The market reaction highlights investor sensitivity to safety warnings from senior industry figures.