FinanceBusiness & Enterprise2 min reading time

Fear of AI Destroying Humanity Cause Certain Stocks to Skyrocket

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Investor fears about AI's existential risks caused AI chip stocks to fall, while shares of major AI hyperscalers Microsoft, Google, and Meta rose over 2%. Industry leaders including Anthropic's CEO and Elon Musk have called for cooperation to slow AI development amid concerns about AI systems breaking containment.

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