The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Talk of AI pause slams Nvidia, AMD and Intel as fears of doomsday scenarios spread

News Snapshot:

Artificial intelligence stocks tumbled on Monday after American leaders of the AI revolution called for a coordinated slowdown in building more powerful AI systems. Over the weekend, Dario Amodei, the chief executive of Anthropic, published an essay titled “We Must Pace the Frontier,” calling for an industrywide effort to slow AI development. Executives at OpenAI, SpaceX and Microsoft also echoed the concern and called for some sort of pause. Semiconductor stocks bore the brunt of the statements. Chipmaker Nvidia fell 3% to $210.96. Its rival AMD lost 4%. Intel plunged 6%. Amid the fears, OpenAI, the company behind ChatGPT, suggested…

Other China Tech Buzz: