Bugle Blast — News that hits hard

Bugle Blast

AI LABS WANT A STANDARDS BODY — AND THE MARKET FLINCHED! | Altman, Amodei, and Google talk pacing while chip stocks bleed

Written by

in

Leaders at Anthropic, OpenAI, and Google have discussed creating a new AI industry standards body while publicly urging a slowdown in how fast frontier models advance, The Washington Post and CNN reported Monday.

The catalyst for the private talks, people familiar with the matter told CNN, was a July essay by Google DeepMind founder Demis Hassabis proposing a U.S.-led standards body modeled on FINRA that would test advanced models before deployment as a public-private partnership. Anthropic CEO Dario Amodei’s weekend essay calling for companies to “pace the frontier” drew rare public backing from OpenAI CEO Sam Altman and Elon Musk. In a Monday post, Altman said OpenAI “welcomes a federal framework that sets consistent safety requirements for frontier AI,” warned of losing “control of the future to AI,” and stressed that pacing “does not mean stopping.”

AI-linked stocks fell Monday as investors digested the comments: SoftBank dropped sharply overseas, while U.S. premarket moves included Micron around −5%, Intel nearly −6%, and Nvidia more than −2%, CNBC reported. President Donald Trump dismissed the slowdown call Sunday, saying it would jeopardize America’s lead over China; China’s Foreign Ministry on Monday called the CEOs’ comments “fearmongering.”

Sources: The Washington Post; CNN Business; CNBC; CNBC (stocks)


Discover more from Bugle Blast

Subscribe to get the latest posts sent to your email.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *