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tz-plus logo SoftBank Stock Plummets After Anthropic and OpenAI CEOs Urge Caution in AI Development!

L. Kulikov
Reading Time: 3 minutes

The SoftBank stock is experiencing its steepest decline in almost three months. The trigger: The CEOs of Anthropic and OpenAI are urging developers to slow down AI development for safety reasons. This hits the heavily indebted Japanese investor hard – he is one of the largest backers of OpenAI. Stock Plunge Following Safety Warning The stock of the Japanese technology investor SoftBank fell by more than 13% on Monday in Tokyo, marking its largest daily loss since the end of June. The trigger was a call from the CEOs of Anthropic and OpenAI...

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