Fear of AI destroying humanity causes certain stocks to skyrocket
Over the weekend, fears about existential AI risks hit chipmaker stocks, but investors poured into major data center operators: Microsoft, Google, and Meta rose more than 2% on Monday. The trigger was Anthropic researcher Jacob Coxon's statement about 'playing with lives' and Dario Amodei's calls to slow AI development.
- Microsoft, Google, and Meta shares rose more than 2% on Monday
- AI chipmaker stocks fell amid fears of existential AI risks
- Anthropic researcher Jacob Coxon left, accusing the company of 'playing with lives'
- Dario Amodei called on AI companies to cooperate to slow development
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