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AI leaders' slowdown warnings spark $400 billion tech selloff

Original: 🚀 $400 Billion Gone: Wall Street Spooked by AI's Own Warnings After Anthropic's Dario Amodei and OpenAI's Sam Altman bot

More than $400 billion was wiped from tech stocks after Anthropic's Dario Amodei and OpenAI's Sam Altman both called for a slower pace of AI development. Nvidia fell into correction territory and chipmakers led a broad selloff as Wall Street reassessed AI valuations. Investors are split on whether the warnings signal a genuine risk to AI's growth or a temporary panic, with the debate still playing out across markets.

Why now: Prominent AI executives themselves warned about the pace of development, triggering a major selloff in AI and chip stocks.

AnthropicOpenAIDario AmodeiSam AltmanNvidia

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• 🚀 $400 Billion Gone: Wall Street Spooked by AI's Own Warnings After Anthropic's Dario Amodei and OpenAI's Sam Altman both called for a slower pace of AI development, Nvidia fell into correction territory and chipmakers led a broad selloff. Investors are split on whether this is… · zyvop

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