Global AI stocks fall as industry chiefs call for slowing development
Global AI stocks fall as industry chiefs call for slowing development. 41 EDTShareKey events10h agoClosing summary10h agoAlex Ovechkin returns from Russia to play hockey in Washington DC after starring in election ad for Putin's party10h agoReporters were barred from recording video of McConnell in Capitol11h agoCalifornia's attorney general celebrates US supreme court decision to block changes to mail voting11h agoVoting rights advocates welcome US supreme court decision to stop Trump administration from restricting mail voting in midterms11h agoObama calls for labs 'to slow down the pace of AI development' and regulations 'that deal with serious safety concerns'12h agoUS supreme court blocks Trump administration from changing mail ballot rules for midterm elections12h agoGavin Newsom tells CNN he won't run in 2028 if Kamala Harris does because 'the zen diagram on that is just pure crossover'14h agoMitch McConnell returns to Senate after long absence14h agoAfter Trump says he likes Flock surveillance cameras, Montana Senate candidate responds: 'Flock off, man'16h agoHere's a recap of the day so far17h agoJohnson says he will meet with AI execs 'soon' alongside Trump17h agoTrump 'open to' talks with Iran, insists that countries should reimburse US for oil arriving through strait of Hormuz18h agoAlligator Alcatraz held detainees in cages the size of phone booths, DHS watchdog says18h agoTrump again touts $5,000 payments if GOP retains control of Congress19h agoSenate Republicans release new crypto bill text ahead of critical Tuesday vote19h agoTwo dozen states sue Trump administration over rule to make it harder to get green cards20h agoTop Senate Democrat calls for all-chamber meeting with Trump administration about AI guardrails20h agoHouse committee to consider Russia sanctions bill21h ago'I don't think Americans should be scared of anything': Vance tries to quell concerns about AI regulation21h agoTrump claims 'sick conspiracy' over calls for more guardrails on AI companies22h agoJohnson: Congress shouldn't be in charge of AI guardrails, insists its tech companies responsibilities23h agoJohnson to discuss Trump's $5k midterm pledge, says incentive needs approval from Congress24h agoEPA set to scrap power-plant pollution limits – reports1d agoKennedy Center faces bankruptcy and possible closure – report1d agoTrump's mail-in voting restrictions blocked by a second judge An election worker reaches for an unopened ballot during sorting in Clackamas county on 7 November 2024.
What happened
With a slip of the tongue reminiscent of Joe Biden, Gavin Newsom, California’s Democratic governor, told CNN that he would not run for president in 2028 if his fellow Californian, former vice-president Kamala Harris, decides to run again, since “I know what that means: I know her base of supporters, I know her friends, the zen diagram on that is just pure crossover. ” Donald Trump claimed there is a “SICK conspiracy” against artificial intelligence and data centers in response to the growing calls for greater checks on AI development.
In a statement posted on social media, Barack Obama, the former US president, called for the pace of AI development to be slowed to allow time for the federal government to develop regulations to address “serious safety concerns”. Anna Moneymaker | Getty ImagesAfter using his social media site to blast Anthropic CEO Dario Amodei's push for the AI industry to slow down development, President Donald Trump went a step further on Monday. Over the weekend, Amodei published an essay arguing for the intentional slowing of the pace of model development, garnering support from OpenAI CEO Sam Altman and SpaceX's Elon Musk.
You should listen to the warnings about AIAlex TurnerWe must stop companies from allowing AI to self-improve into an uncontrollable level of intelligence Major AI lab CEOs advocated for slowing the pace of AI development this weekend. The Campaign Legal Center and Democracy Defenders Fund had filed an amicus brief at the supreme court calling for the postal service rule to be blocked on behalf of: the League of United Latin American Citizens, Secure Families Initiative, Arizona Students’ Association, the city of Madison, Wisconsin and Travis county, Texas.
Here are the latest developments: The US supreme court denied a request from the Trump administration to implement new US Postal Service restrictions on mail voting in the 2026 midterm elections, which have already started.
The wider picture
One of the other candidates featured in a different video was Maria Alekseyevna Lvova-Belova, Russia’s so-called children’s ombudsman, who was indicted along with Putin by the International Criminal Court “for the war crime of unlawful deportation of population (children) and that of unlawful transfer of population (children) from occupied areas of Ukraine to the Russian Federation”. Obama wrote: I was encouraged this week to see the leaders of the frontier labs agree on the need for them to slow down the pace of AI development.
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuKey PointsPresident Donald Trump called Nvidia CEO Jensen Huang while the tech exec was on stage at the All-In Summit in Los Angeles, according to social media posts from attendees. Huang took the call and put the president on speakerphone, videos showed. In this articleNVDAFollow your favorite stocksCREATE FREE ACCOUNTU. With Nvidia CEO Jensen Huang speaking on stage at the All-in Summit in Los Angeles, Trump called the tech exec, and was then put on speaker.
Opposition to data center development and concerns about AI have been conflated into the same discussion as people increasingly worry that the technology is taking their jobs. " In another post, Trump said he didn't see any need for additional AI regulation, and called the recent AI concerns a "hoax" and "a scam.
What has been reported
" He wrote that calls to slow down building are only happening because the U. While Huang and Trump have appeared together in public several times during the president's second term, Monday's phone call further highlights their tightening bond and the centrality of AI to the U. AI researchers call this a “misalignment” between what OpenAI wanted and what the AI actually prioritized. Before ChatGPT existed, I defended my PhD dissertation called “On Avoiding Power-Seeking by Artificial Intelligence”.
The progress would enter a feedback loop called “recursive self-improvement. ”Recursive self-improvement could quickly yield AIs that are intelligent beyond our comprehension. In 2023, the CEOs of some of the best AI labs signed a public statement that “mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war. ” Another signer: Geoffrey Hinton, a Nobel prize-winning scientist who architected the modern AI revolution. More specifically, the AI Futures Project’s “Plan A” is a credible starting proposal that limits AI harms while allowing fast AI progress to continue to benefit the world.
On 12 September, Anthropic, Google DeepMind, xAI, and OpenAI advocated for pacing AI development.
What happens next
Skip to main contentSkip to navigationSkip to key eventsUS politics live with Shrai PopatUS CongressVoting rights advocates welcome supreme court decision to stop Trump administration from restricting mail ballots– as it happenedThis live blog is now closed. Photograph: Jenny Kane/APView image in fullscreenAn election worker reaches for an unopened ballot during sorting in Clackamas county on 7 November 2024. Photograph: Jenny Kane/APFrom 11h agoVoting rights groups and local officials welcomed the US supreme court decision on Monday to keep a new United States Postal Service rule from being implemented before the midterm elections.
“This rule, as directed by an executive order issued by the president in March, would have given the executive branch unprecedented control over the way Americans vote by mail,” the groups said in a statement. “It would have made burdensome new requirements mandatory for every state and local election official that sends voters ballots through U. Mail and given the Postal Service the power to refuse to send ballot mail to voters if states had failed to comply.
“In this decision, the Supreme Court has made clear that the 2026 midterm elections must not be disrupted by the Trump administration’s efforts to implement an unlawful new mail-voting system mid-election,” Tianna Mays, legal director at Democracy Defenders Fund, said.
The report has been compiled by The Daily Waves using information reported across theguardian.com, cnbc.com. Details are presented according to the information available at the time of publication and may change as authorities, organisers or other relevant parties provide updates.