AI Safety Fears Grow as Industry Races Ahead
Safety concerns around artificial intelligence are intensifying, with multiple states suing OpenAI over harms to children, 400 researchers calling for global oversight, and Microsoft's president noting AI is less regulated than a carton of milk. Despite this, companies including Nvidia, Meta, and Reflection AI are pushing forward with new models. Investors are growing cautious: Anthropic's 45% sequential revenue growth to $16.8 billion in Q3 still represented a slowdown, potentially cutting its IPO valuation from $2 trillion to $1.5 trillion. CoreWeave's debt load also rattled neocloud stocks, and rising interest rates are constraining capital for AI expansion.
