AI STOCKS FACE PRESSURE AS TECH LEADERS CALL FOR SLOWDOWN AI-linked stocks could face near-term selling pressure after Anthropic CEO Dario Amodei called for slowing development of the most advanced AI models, with OpenAI’s Sam Altman and xAI’s Elon Musk backing the proposal. Investors say the longer-term AI trade remains intact, as demand for chips, power and computing infrastructure continues to outstrip supply, while slower model development could give companies more time to monetize existing investments.

Does anyone think the people running Apple are idiots? Then why haven’t they been spending massive capex on AI like everyone else? Writing is on the wall and has been if this was a true AI race why haven’t they joined in?