Global AI stocks slip on concerns over risks
Global AI stocks slip on concerns over risks. The Trump administration argues that the US must maintain global tech dominance as a matter of national security, though it has admitted a need for vigilance around the risks posed by the emerging technology.
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”. Skip to main contentSkip to navigation President Donald Trump has played down concerns expressed by industry leaders about the misuse of artificial intelligence. Photograph: Kevin Dietsch/Getty ImagesView image in fullscreenPresident Donald Trump has played down concerns expressed by industry leaders about the misuse of artificial intelligence.
Photograph: Kevin Dietsch/Getty ImagesTrump facing AI backlash in Congress as push for guardrails intensifiesPresident has dismissed anxieties over AI’s dangerous potential even as Democrats and some Republicans acknowledge risksDonald Trump is facing a rare backlash from the US Congress as Democrats and some Republicans push for guardrails on the world’s most powerful AI companies. Concerns over the dangerous potential of AI reached fever pitch this week after tech leaders sounded the alarm over the rapid advancement of the technology and its potential threat to humanity.
Recent disclosures from several AI companies that their models hacked into outside organizations during botched safety tests have also raised alarm about potential cybersecurity risks, with Dario Amodei, the chief executive of Anthropic, claiming in an essay that in six to 12 months a “swarm” of AI agents could attack the entire internet and cause hundreds of billions of dollars in damage.
The wider picture
While AI executives have issued their own warnings about the risks from their products, public backlash against the industry and pressure on lawmakers to rein in AI firms have also been mounting throughout the year. Writing on X, Obama added: “We need government – and specifically our leaders in Washington – to get proactive in coming up with concrete proposals, laws and regulations that deal with serious safety concerns, anticipate AI’s impact on jobs and our kids, and make sure that AI’s benefits are widely spread. ”Members of Congress are holding a series of meetings this week with AI researchers and safety advocates as Congress tries to address the growing alarm.
The briefing will include co-founder of the Future of Life Institute co-founder Max Tegmark, whose organization has become one of the most well-funded and politically connected voices in warning about AI’s alleged existential risks. Congressman Jay Obernolte of California, the lead Republican negotiating a bipartisan bill to govern AI, said: “We need to avoid overregulation, so we need to achieve these two conflicting goals … of protecting Americans against very real risks of AI in the hands of malicious human actors, while at the same time balancing the need to have a light-touch regulatory environment that allows the positive benefits of AI to improve our economy and our society.
Yeah, we know what they want is they don’t want to be responsible for their actions. ”Explore more on these topicsAI (artificial intelligence)Donald TrumpTrump administrationUS politicsShareReuse this contentMore on this storyMore on this storyLouise Haigh: UK must heed warnings from AI expertsFull StoryAI isn’t going to end humanity. . . right? – Full Story podcastEurope must build own AI or risk getting cut off by US or China, says ECB’s LagardeAI-linked stocks slide after tech bosses call for slowdown in ‘reckless’ developmentOpenAI urges UK lawmakers to rein in technology amid growing safety fears OpenAI boss and Elon Musk back calls to put brakes on ‘reckless’ AI developmentUK lawmakers urge Burnham to back ban on superintelligent AI after chilling warningsThe Guardian view on controlling AI: humanity cannot outsource its survivalTech whistleblowers warn AI could wipe out humanity.
VIXFollow your favorite stocksCREATE FREE ACCOUNTwatch nowVIDEO1:1301:13Options Action: AI Scares Prompt Big TradingOptions ActionWhen it comes to two of the main threats to the U. Volatility measured by the Cboe VIX Index jumped to 18 Monday and options trading on the gauge surged to more than double the 30-day average volume as semiconductors and data-center stocks dragged on the S&P 500 Index. "Tech risks and interest-rate risks typically are related because they're long-duration assets but maybe AI's time is right now, profits are right now, so people aren't pricing it as this distant future.
What has been reported
Yet the volatility pricing for bonds doesn't seem to be a factor for stocks. Figure caption, President Trump says 'negative forces' bringing up AI risks that won't happenByDan SalesPublished13 September 2026US President Donald Trump has downplayed risks posed by artificial intelligence following days of dire warnings by experts. The weekend call by major AI executives sparked discussion in Washington, where lawmakers are facing pressure to address those potential risks around rapid AI developments. OpenAI backer SoftBank falls as much as 13% after tech leaders call for slowdown of development
Skip to main contentSkip to navigationSkip to key eventsUS politics liveUS politicsDemocrats say supreme court rejection of Trump mail ballot restrictions will ensure ‘safe, secure and accurate elections’ – US politics liveComments come after court on Monday rejected the president’s mail ballot restrictions ahead of the November midterm elections Supreme court rejects Trump’s mail ballot restrictions for midterm elections LIVE Updated 6m agoTom AmbroseTue 15 Sep 2026 06. 02 EDTShareKey events6m agoSupreme court rejection of Trump mail ballot restrictions will ensure 'safe, secure and accurate elections' A mail-in ballot, during the Pennsylvania primary election.
Photograph: Hannah Beier/ReutersView image in fullscreenA mail-in ballot, during the Pennsylvania primary election. Photograph: Hannah Beier/ReutersKey events6m agoSupreme court rejection of Trump mail ballot restrictions will ensure 'safe, secure and accurate elections'Hello and welcome to the US politics live blog.
What happens next
Lawmakers have given their support to the supreme court’s rejection of Donald Trump’s bid to restrict mail ballots for the midterm elections. The decision capped a flurry of last-minute legal action with voting already underway, with states allowed to continue sending out mail ballots under the same processes used for years. Election officials have said there was simply no way to carry out a complete overhaul in the weeks before the midterms. Alabama, North Carolina and Wisconsin began sending mail ballots to voters over the past week while the new system was still not active.
Washington’s secretary of state Steve Hobbs, a Democrat, said the decision means work “to carry out a safe, secure, and accurate election” can continue ‘without having to upend our election processes to meet unrealistic ballot mail requirements. ”In Arizona, another largely vote-by-mail state, Democratic secretary of state Adrian Fontes said “it is crucial for us to continue rejecting the notion that access and security are mutually exclusive when it comes to running strong elections. ”Utah Lt Gov Deidre Henderson, a Republican serving as the state’s chief election officer, said on social media that the supreme court’s decision means “Utahns can have confidence that the 2026 election will proceed as normal. ”In other developments: Mitch McConnell, the 84-year-old former Senate majority leader from Kentucky, was seen in Washington for the first time in months on Monday, minutes before his office released a statement saying that he was back at work.
Explore more on these topicsUS politicsUS politics liveUS midterm elections 2026US supreme courtMitch McConnellBernie SandersSteve BannonAI (artificial intelligence)ShareReuse this contentMost viewedMost viewed Trump dismissed the anxieties on Monday, describing them as a “HOAX” and “conspiracy” and insisting on social media: “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ! ) PRESIDENT, and the U.
The report has been compiled by The Daily Waves using information reported across theguardian.com, cnbc.com, bbc.co.uk. 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.