Shares in artificial intelligence-related companies fell sharply across Asian markets on Monday, after some of the industry's most prominent chief executives warned that the breakneck pace of AI development needs to slow down.
Anthropic's co-founder Dario Amodei called for AI firms to rein in how quickly they push forward the capabilities of their models, citing growing concern about misuse of the technology.
Elon Musk, head of SpaceXAI, and OpenAI's Sam Altman both said they shared Amodei's concerns. Altman later confirmed that OpenAI would not go ahead with a stock market listing this year, pointing to safety worries.
In Tokyo, shares in SoftBank, a major OpenAI investor, plunged as much as 13.2 per cent, while memory chipmaker Kioxia dropped nearly 10 per cent and Tokyo Electron fell 3.7 per cent.
Analysts warned of further drops in share prices. “Selling pressure is likely to hit AI and semiconductor-related stocks in Tokyo following a series of weekend comments calling for a slowdown,” said Takayuki Miyajima of Sony Financial Group.
Chinese and Hong Kong-listed AI firms were also hit hard, with chatbot developer Z.ai tumbling over 10 per cent following a discounted share sale.
Last week, Anthropic published a report detailing how its Claude models had been exploited for activities including weapons development and cyberattacks. One of the firm’s researchers, Jacob Coxon, resigned on 8 September, warning that AI could “kill us all by the end of the decade.” Altman separately described the risk of human extinction from AI as “unacceptable.”
The European Union has seized on the moment to push for international regulation. Commission Executive Vice President Henna Virkkunen said global rules were “really needed,” noting that while EU law already compels firms to assess loss-of-control risks, no such requirement exists worldwide.
Germany's Digital Minister Karsten Wildberger has proposed a global watchdog for AI safety modelled on the UN nuclear watchdog, the IAEA. The U.S. and China are expected to hold safety talks this month.
However, U.S. President Donald Trump has dismissed AI critics as “very negative forces,” insisting the U.S. must remain the industry's leader.
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The co-pilot of Israel bound flydubai flight attempted to carry out a “terrorist attack” with an axe during the flight, the United Arab Emirates prosecutor general said on Saturday.
Hammam al-Hammami, the Flydubai co-pilot accused of stabbing the captain of an Israel-bound flight on Wednesday in a suspected terrorist attack, was banned from flying by Oman over concerns about his radical views, U.S. media reported on Friday, citing people familiar with the matter.
Two Iranian nationals have been charged in Britain with preparing a suspected terrorist attack targeting the Jewish community in northern England, police said on Friday (2 October).
A major bridge across the Dnipro river in Kyiv was hit in a Russian air attack on Saturday, the city's mayor, Vitali Klitschko said, as strikes on the capital's infrastructure continue.
Azerbaijan’s President Ilham Aliyev warned against interference from outside actors in remarks at the 8th Congress of the New Azerbaijan Party in Baku on Friday 2 October.
A four-person crew aboard SpaceX's Crew-13 mission, consisting of two U.S. astronauts, a Canadian astronaut and a Russian cosmonaut, arrived at the International Space Station (ISS) on Thursday (1 October), for a long-duration science mission focused on human health and performance in orbit.
The European Space Agency (ESA), Airbus and European partners have put a six-wheeled Mars rover prototype through its paces in Spain’s Tabernas desert, simulating conditions expected on a future mission to the Red Planet.
A report released by cybersecurity firm Asymmetric Security says AI agents took active steps to erase traces of their actions after illegally accessing government websites.
Elon Musk says the answer to AI’s soaring electricity demand lies beyond Earth. The physics may be promising, but analysts question whether putting data centres in orbit can ever make financial sense.
OpenAI has cancelled plans to release GPT-6.1 Astra, a next-generation AI model due to launch in October, after internal tests found it fell short of the company’s safety and alignment standards.
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