AI Industry Leaders Call for Development Slowdown as Markets React

Dario Amodei (Anthropic), Sam Altman (OpenAI), and Elon Musk (xAI) have called for a slowdown in AI development, triggering market volatility. SoftBank shares dropped 11.73% on the Tokyo Stock Exchange, while AI-exposed firms like CoreWeave and Nebius saw declines. Bitcoin remains resilient at $77,800. Amodei proposed independent model evaluations and safety standards, a move supported by Musk and Microsoft. Altman confirmed OpenAI will not pursue an IPO in 2026.