AICNBC Techabout 1 hour ago
AI Slowdown Fears Hit Infrastructure Stocks
1 min read
Shares of AI infrastructure companies fell Monday after Anthropic CEO Dario Amodei proposed slowing frontier model development. GE Vernova dropped nearly 9%, Caterpillar sank over 4%, Vertiv fell close to 8%, and Oracle slipped almost 4%. Wall Street is now weighing the potential impact of a slowdown on the data center buildout, which has been tied to demand from Anthropic and OpenAI.
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