AITechmemeabout 1 hour ago
Asian AI Stocks Drop on US Tech Pacing Calls
1 min read
AI-linked Asian stocks fell sharply after US tech leaders, including Anthropic and OpenAI, called for pacing AI development. The market reaction followed public statements from figures like Dario Amodei and Sam Altman advocating for a slowdown. The drop impacted companies such as SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai, which saw declines of over 5%.
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