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Evening Standard

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Anna Wise

EXPLAINED: Tech stocks fall after calls for ai development to slow - The Real Truth

Dario Amodei United States Anthropic Elon Musk

US technology stocks have slumped after warnings from AI bosses (Kearney Ferguson/AP/PA) -

Global technology stocks have slumped after warnings from artificial intelligence (AI) bosses sparked fears that the pace of the technology’s development could slow.

A sell-off was sweeping across Wall Street on Monday afternoon, helping drag on the tech-focused Nasdaq 100 index which was down by about 1.2%.

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