AI Backlash Grows as China Closes Gap on US

AI leaders and economists are calling for new regulation amid growing public opposition, including threats of violence prompting some executives to hire armed bodyguards. New York became the first US state to impose a data center moratorium, while Google DeepMind CEO Demis Hassabis pushed for an AI standards body. China's Moonshot AI released its Kimi K3 model, narrowing the gap with US leaders and fueling debate over sovereign AI. Meta nearly doubled its Hyperion data center spending to $50 billion, while IBM saw its stock plunge over 26% after warning of an earnings shortfall tied to weak mainframe orders.