Key highlights:
- Anthropic’s Dario Amodei called for deliberately slowing frontier AI development to allow safety to catch up, proposing third-party evaluator access
- Safety concerns are escalating as an Anthropic researcher estimates >10% extinction risk from AI within a decade
- Nasdaq 100 futures fell ~1.24% Sunday, dragging Nvidia, AMD, CoreWeave, and Oracle lower
The AI industry is facing an unusual moment as some of its most powerful executives warn that the race to build increasingly capable models may be moving faster than safety measures can keep up.
Anthropic CEO Dario Amodei
Oracle is also rapidly expanding its AI infrastructure business. Its cloud GPU computing revenue rose 151% year over year to $6.5 billion in the first quarter of fiscal 2027, while capital spending reached $28.5 billion.
Chipmakers could also feel the impact. Nvidia, which generated about $215.94 billion in annual revenue, remains a major beneficiary of AI computing demand, while AMD, Micron, and Broadcom supply GPUs, memory, accelerators, and networking equipment.
Markets have already shown some sensitivity, with Nasdaq 100 futures falling about 1.24% in Sunday trading and shares of Nvidia, AMD, Micron, CoreWeave, Broadcom, and Oracle also declining.
However, a slower model-development cycle does not necessarily mean AI infrastructure spending will collapse.
Companies could shift spending toward inference, security, monitoring and commercial applications, allowing existing data centers and chips to generate returns for longer.
Source:: OpenAI and Anthropic CEOs Warn AI Needs to Slow Down: What It Means for AI Stocks