Global debate on AI safety intensifies as tech leaders call for development slowdown, causing tech stocks to fall

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Global debate on AI safety intensifies as tech leaders call for development slowdown, causing tech stocks to fall

⚡ Markets: Regulatory risk and fears of a development slowdown create significant uncertainty for the AI sector, negatively impacting semiconductor stocks (Nvidia, etc.), software companies, and venture capital sentiment. Crypto assets saw some relative outperformance.NVDAMSFTGOOGLSOXX

CEOs of major AI labs like OpenAI and Anthropic have called for a slowdown in AI development to address safety risks, prompting a sell-off in AI-related stocks. US President Trump dismissed these concerns as a "sick conspiracy," arguing against regulation that could benefit China, while the UN and EU officials urged for urgent action and sovereign capabilities.

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122 sources across the spectrum

Primary sourceECB — Christine Lagarde: A new age of capital: growth, sovereignty and AI

Financial pressWall Street Journal — U.S. Stocks Fall on Fears AI Companies, Fed Will Slam the Brakes

Financial pressBloomberg — AI Scare Threatens Fund Flows Beating Rest of Market 13-to-1

Financial pressNikkei Asia — SoftBank Group plunges 11% after OpenAI says no IPO this year

Financial pressMarketWatch — CrowdStrike and Palo Alto Networks lead software stocks to a never-before-seen feat

Financial pressMarketWatch — Chip stocks were a safe AI play. Now they’ve turned into the market’s pain trade.

West MSMAP — AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump

Financial pressMarketWatch — Micron, Nvidia and other chip stocks fall after tech leaders call for an AI slowdown. Here’s what to know.

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