Tech stocks slide as AI extinction warnings rattle markets Tech Tech stocks tumbled across Asia and US futures pointed lower on Monday after some of the world’s most powerful AI bosses called for the industry to slow development over safety fears. The tech-heavy Nasdaq Composite dropped 1.6 per cent shortly after the opening bell, while the S&P 500 fell 0.7 per cent and the Dow [...]
Kemi Badenoch: AI firms ‘won’t come here’ if Britain overregulates Tech Kemi Badenoch has warned Britain risks driving away the next generation of AI giants unless it lowers industrial energy costs or fixes London’s capital markets, arguing the UK cannot regulate its way to becoming a global tech leader. Speaking at the Politics UK Summit in Westminster on Monday evening, the Conservative leader said Britain was [...]