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Global AI stocks fall after AI CEOs warn on rapid development risks

AI-linked stocks fell across global markets after leaders of major AI companies warned about risks from rapid development.

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02:40:15 PM UTC
SquawkNews
By Sherry Qin, Joe Stonor and Adria CalatayudU.S. chip stocks followed European and Asian peers lower premarket after leaders of the world's biggest artificial-intelligence companies called for the industry to slow development of the technology for safety reasons.Anthropic Chief Executive Dario Amo…

AI-linked stocks dropped sharply around the world on Monday after the heads of major AI companies warned about the risks tied to rapid development, adding to concerns around the billions of dollars being invested in the sector and the gains that have helped drive world markets to recor…