Shares of tech companies linked to artificial intelligence (AI) witnessed sharp falls on Monday following calls by AI bosses for a slowdown in the uncontrolled development of the technology. In South Korea, shares of chipmaker SK Hynix fell 6.4% while Samsung Electronics dropped 4.1%. Japan’s Softbank, which is a major investor in OpenAI, plunged more than 10%.Tech stocks in Europe also followed the trend, as Germany’s Infineon, which designs and manufactures semiconductors, was down 7.6%, while Dutch chip giant ASML fell 5.2%.&nbsp;The US stock markets also opened down as investors reacted to the calls from tech bosses to slow down the pace of AI development.The Nasdaq, which is dominated by tech companies, witnessed a big dip in early trading, with shares falling 1.2%.The S&amp;P 500 followed with a drop of 0.7%, while the Dow Jones was down 0.27%.&nbsp;&nbsp;As for individula tech shares, Hewlett Packard was down 10%; Intel and Sandisk by 7%; Qualcomm and Micron by 6%, Oracle 5%, and Nvidia fell 3%.&nbsp;The stocks tumbled after the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in the “reckless” development, citing fears the technology could soon run out of control.The South Korean Kospi stock index, which relies heavily on chip makers that supply AI companies, dropped by 3%.Shares in the big global microchip supplier Taiwan Semiconductor Manufacturing Company dropped 1.2%. Futures for the Nasdaq pointed to a 1.3% drop in the tech-heavy index when the US stock market opens.&nbsp;Also Read: <a href="https://www.wionews.com/world/want-to-reset-ties-with-india-have-engagement-based-on-mutual-interests-says-bangladesh-minister-1789326034045">‘Want to reset ties with India, have engagement based on mutual interests,’ says Bangladesh minister</a><h2>Stocks of firms threatened by rise of AI witness rally</h2>&nbsp;In contrast, there was a rally in shares of companies that have been threatened by the rise of AI, including the advertising group WPP, which rose by 3.1%, and the analytics business Relx, which rose 4.2%.&nbsp;Relx stocks fell sharply earlier this year after Anthropic launched a suite of new data and automation tools.&nbsp;The markets swung after the chief executive of Anthropic, Dario Amodei, appealed for the AI industry to “slow down”.He said that “building too fast is reckless”, warning that a swarm of AI agents could cause hundreds of billions of dollars of damage by “taking over the entire internet” in the future.&nbsp;Also Read: <a href="https://www.wionews.com/world/trump-tells-ukraine-to-stop-targeting-russian-refineries-says-attacks-causing-shortage-of-diesel-1789316749492">Trump tells Ukraine to stop targeting Russian refineries, says attacks causing shortage of diesel</a><h2>Some experts dispute claims of Anthropic’s Dario Amodei</h2>&nbsp;Though some experts disputed Amodei’s claims, investors began to price in a slowdown that would make it harder for the industry to pay for hundreds of billions of dollars in investments in AI infrastructure.&nbsp;OpenAI CEO, Sam Altman, the Google DeepMind chief, Demis Hassabis, and SpaceX boss, Elon Musk, all posted support for Amodei’s essay on slowing AI development, titled “We Must Pace the Frontier”.Altman added that he would match Amodei’s commitment to embedding outside evaluators within his company to verify safety practices.&nbsp;Also Read: <a href="https://www.wionews.com/world/india-condemns-attack-on-merchant-vessel-off-oman-coast-13-indian-crew-rescued-one-missing-1789311950141">India condemns attack on merchant vessel off Oman coast; 13 Indian crew rescued, one missing</a>&nbsp;Fears continue to grow over the hurried pace and lack of regulation in AI development.&nbsp;&nbsp;Meanwhile, China’s top intelligence official has warned that the use of AI by adversaries could pose a risk to the country’s political and social security.Chen Yixin wrote in a government outlet on Sunday that advanced US models such as Anthropic’s Mythos and OpenAI’s GPT-5.5-Cyber could pose serious risks to Beijing’s critical information infrastructure, and called for a comprehensive strengthening of AI security.&nbsp;Conversely, US President Donald Trump rejected the calls to pace AI development. The US president told reporters over the weekend, “We’re leading China in AI. We’re the most sophisticated country in the world and frankly, I want to keep it that way because whoever wins AI, wins.”

In contrast, there was a rally in shares of companies that have been threatened by the rise of AI, including the advertising group WPP, which rose by 3.1%, and the analytics business Relx, which rose 4.2%. Relx stocks fell sharply earlier this year after Anthropic launched a suite of tools.

Shares of tech companies linked to artificial intelligence (AI) witnessed sharp falls on Monday following calls by AI bosses for a slowdown in the uncontrolled development of the technology. In South Korea, shares of chipmaker SK Hynix fell 6.4% while Samsung Electronics dropped 4.1%. Japan’s Softbank, which is a major investor in OpenAI, plunged more than 10%. Tech stocks in Europe also followed the trend, as Germany’s Infineon, which designs and manufactures semiconductors, was down 7.6%, while Dutch chip giant ASML fell 5.2%. The US stock markets also opened down as investors reacted to the calls from tech bosses to slow down the pace of AI development. The Nasdaq, which is dominated by tech companies, witnessed a big dip in early trading, with shares falling 1.2%. The S&P 500 followed with a drop of 0.7%, while the Dow Jones was down 0.27%. As for individula tech shares, Hewlett Packard was down 10%; Intel and Sandisk by 7%; Qualcomm and Micron by 6%, Oracle 5%, and Nvidia fell 3%. The stocks tumbled after the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in the “reckless” development, citing fears the technology could soon run out of control. The South Korean Kospi stock index, which relies heavily on chip makers that supply AI companies, dropped by 3%. Shares in the big global microchip supplier Taiwan Semiconductor Manufacturing Company dropped 1.2%. Futures for the Nasdaq pointed to a 1.3% drop in the tech-heavy index when the US stock market opens. Also Read: ‘Want to reset ties with India, have engagement based on mutual interests,’ says Bangladesh minister Stocks of firms threatened by rise of AI witness rally In contrast, there was a rally in shares of companies that have been threatened by the rise of AI, including the advertising group WPP, which rose by 3.1%, and the analytics business Relx, which rose 4.2%. Relx stocks fell sharply earlier this year after Anthropic launched a suite of new data and automation tools. The markets swung after the chief executive of Anthropic, Dario Amodei, appealed for the AI industry to “slow down”. He said that “building too fast is reckless”, warning that a swarm of AI agents could cause hundreds of billions of dollars of damage by “taking over the entire internet” in the future. Also Read: Trump tells Ukraine to stop targeting Russian refineries, says attacks causing shortage of diesel Some experts dispute claims of Anthropic’s Dario Amodei Though some experts disputed Amodei’s claims, investors began to price in a slowdown that would make it harder for the industry to pay for hundreds of billions of dollars in investments in AI infrastructure. OpenAI CEO, Sam Altman, the Google DeepMind chief, Demis Hassabis, and SpaceX boss, Elon Musk, all posted support for Amodei’s essay on slowing AI development, titled “We Must Pace the Frontier”. Altman added that he would match Amodei’s commitment to embedding outside evaluators within his company to verify safety practices. Also Read: India condemns attack on merchant vessel off Oman coast; 13 Indian crew rescued, one missing Fears continue to grow over the hurried pace and lack of regulation in AI development. Meanwhile, China’s top intelligence official has warned that the use of AI by adversaries could pose a risk to the country’s political and social security. Chen Yixin wrote in a government outlet on Sunday that advanced US models such as Anthropic’s Mythos and OpenAI’s GPT-5.5-Cyber could pose serious risks to Beijing’s critical information infrastructure, and called for a comprehensive strengthening of AI security. Conversely, US President Donald Trump rejected the calls to pace AI development. The US president told reporters over the weekend, “We’re leading China in AI. We’re the most sophisticated country in the world and frankly, I want to keep it that way because whoever wins AI, wins.”

In contrast, there was a rally in shares of companies that have been threatened by the rise of AI, including the advertising group WPP, which rose by 3.1%, and the analytics business Relx, which rose 4.2%. Relx stocks fell sharply earlier this year after Anthropic launched a suite of tools.

Tech stocks fall after AI bosses call for a slowdown in ‘reckless’ progress

The US government on Tuesday (July 01) lifted export restrictions on Anthropic's most advanced artificial intelligence models, weeks after directing the company to limit access over national security concerns.&nbsp;Anthropic said that it will soon begin restoring global access to its flagship AI models, Fable 5 and Mythos 5, after the US government removed restrictions on where they could be released.&nbsp;Anthropic said access to the models would begin to return for users from Wednesday.&nbsp;The US government had ordered Anthropic to suspend access to the two advanced AI models on June 12 over concerns that advanced AI systems could potentially be misused by foreign military or intelligence agencies.

<blockquote class="twitter-tweet">We’ve received notice that the Department of Commerce has lifted export controls on Claude Fable 5 and Mythos 5. We&#39;ll begin restoring access tomorrow, and will share an update soon. We’re grateful to our users for their patience, and to everyone who worked with us on…&mdash; Anthropic (@AnthropicAI) <a href="https://x.com/AnthropicAI/status/2072106151890809341?ref_src=twsrc%5Etfw">June 30, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

OpenAI has also complied with requests from Washington by limiting the release of its latest model, GPT 5.6, to a select group of approved partners.&nbsp;Commenting on the move, OpenAI CEO Sam Altman said on X, "This isn't quite the process that we think is optimal," while explaining the launch of GPT 5.6.&nbsp;Also Read: <a href="https://www.wionews.com/world/trump-minted-over-1-billion-from-crypto-dealings-in-first-year-back-in-office-1782868287013">Trump minted over $1 billion from crypto dealings in first year back in office</a><h2>CIA director compares advanced AI to nuclear weapons</h2>Earlier in the day, CIA Director John Ratcliffe compared the capabilities of the most advanced AI models to nuclear weapons, defending the Trump administration's tougher approach to controlling access to frontier AI technology.&nbsp;"In conversations with many of the president's other national security and economic security advisors, we're talking about the impact of these frontier AI models," Ratcliffe said during a speech at the AWS Summit in Washington.&nbsp;"It would be... not misplaced to refer to their capabilities as akin to digital nuclear weapons," Ratcliffe said.&nbsp;Earlier, President Donald Trump signed an executive order establishing a voluntary federal review of national security risks in advanced AI models before their public release.&nbsp;White House Chief of Staff Susie Wiles also thanked technology companies for cooperating with the administration's AI policies.&nbsp;"My gratitude to companies across industries who continue to work closely with the White House to implement the President’s" executive order on AI and cybersecurity, Wiles said. "This includes excellent work around advanced model access, guardrail testing, and security."

The US government suspended access to the two AI models on June 12 after identifying safeguard vulnerabilities and raising concerns that they could be misused by foreign military or intelligence agencies.


The US government on Tuesday (July 01) lifted export restrictions on Anthropic's most advanced artificial intelligence models, weeks after directing the company to limit access over national security concerns. Anthropic said that it will soon begin restoring global access to its flagship AI models, Fable 5 and Mythos 5, after the US government removed restrictions on where they could be released. Anthropic said access to the models would begin to return for users from Wednesday. The US government had ordered Anthropic to suspend access to the two advanced AI models on June 12 over concerns that advanced AI systems could potentially be misused by foreign military or intelligence agencies.

The US government suspended access to the two AI models on June 12 after identifying safeguard vulnerabilities and raising concerns that they could be misused by foreign military or intelligence agencies.

US lifts export curbs on Anthropic's most powerful AI models, Fable 5 and Mythos 5

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Tech stocks fall after AI bosses call for a slowdown in ‘reckless’ progress

US lifts export curbs on Anthropic's most powerful AI models, Fable 5, Mythos 5