Donald Trump said China would benefit from a slowdown in US AI development. Donald Trump said China would benefit from a slowdown in US AI development. President hits out after Anthropic, OpenAI and SpaceX leaders back call to limit'reckless' development Donald Trump has dismissed calls to increase controls on AI as a "sick conspiracy", as stocks linked to the technology slumped after appeals from leading developers on the weekend for the industry to slow down. The US president wrote on social media: "The only control or'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the USA has that, in spades!" It came after the chief executive of Anthropic, Dario Amodei, appealed for the AI industry to limit "reckless" development .

'Silent Cold War': Why calls to slow AI have sparked new US-China frontier Share'Silent Cold War': Why calls to slow AI have sparked new US-China frontier on social media China has warned against "fear-mongering" after the CEO of a top artificial intelligence (AI) company in the United States sounded the alarm against AI advancement and called for restrictions on the sale of AI chips to China. Anthropic CEO Dario Amodei on Saturday called for the development of the most powerful AI systems to be slowed down, warning that they could soon pose potentially catastrophic risks to humanity itself. The dispute comes as Washington and Beijing compete over increasingly capable AI models, with US President Donald Trump declaring, "Whoever wins AI wins." So, what has got AI giants worried, why is China being seen as a threat? Why are AI tech giants raising the alarm?

When you purchase through links in our articles, we may earn a small commission. I unleashed AI on the Excel World Championship. If I can use AI like Microsoft Copilot and ChatGPT to solve the hardest problems at the Spreadsheet Super Bowl, does it still mean anything? At around the same time that a humanoid robot broke Usain Bolt's record for the 100 meters, I was pushing the button to make people like Diarmuid Early irrelevant. Early, the winner of the Microsoft Excel World Championship 2025 competition, used brains, not brawn, to defeat two dozen other finalists in Las Vegas last December for just a few thousand dollars, plus bragging rights.

This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Mutual Fund and ETF data provided by LSEG .

Sam Altman and Elon Musk have backed calls from Anthropic's Dario Amodei to put brakes on'reckless' AI development

SoftBank gets upsized $11.9 billion loan in OpenAI funding push SoftBank Group secured an $11.87 billion two-year loan from about 20 banks to support its investment in U.S. artificial intelligence firm OpenAI, exceeding its earlier $10 billion target. SoftBank Group secured an $11.87 billion loan to support its investment in U.S. artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion. The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks, said the people, asking not to be identified because they're not authorized to speak publicly. The financing comes as some executives are now voicing the need to slow the pace of AI development due to escalating risks from the technology. OpenAI Chief Executive Officer Sam Altman said in an interview with Fortune that his company wouldn't proceed with a public offering this year as it addresses safety-related concerns.

When Astra does arrive, there's another factor to keep an eye on: your usage allowance. According to OpenAI, Astra can use up your allowance more quickly than GPT-5.6 Sol, depending on the complexity of the task, the amount of context, the reasoning required and other usage settings. So a big coding assignment that requires more reasoning can use more of your allowance than a quick question. OpenAI estimates that Plus users can send approximately five to 45 local Astra messages per five-hour period.

Xi pitches AI Vision at BRICS summit as China duels with U.S. Chinese President Xi Jinping has sought to turn the annual BRICS summit into another platform for championing Beijing's vision for artificial intelligence, as it vies for global influence over the technology with the U.S. China will lead the creation of what Xi called a BRICS "community" for open-source AI. Speaking on Sunday in New Delhi, he said the initiative will "support the cooperation in developing and applying large language models," as well as holding AI seminars and training courses for members of the club of major emerging economies. A day earlier, Xi welcomed BRICS nations to join a new group of nearly 30 countries set up by Beijing and called the World AI Cooperation Organization. BRICS must "strengthen cooperation in the field of AI, encourage open source, openness, collaboration and sharing," he said.

As OpenAI's Hugging Face incident has brought discussions about AI safety to the forefront, the company's CEO has clarified that it will not be looking to file for an initial public offering in 2026. In an interview with Fortune, Sam Altman said that "given everything happening with safety, right now would be an ill-advised moment to go public." In response to a question about OpenAI going public in 2026 or 2027, Altman said "not 2026," contradicting a report from earlier this year that the AI giant would file for an IPO as soon as September. Instead, Altman suggested that OpenAI will be focusing on AI safety and alignment, while still being interested in making improved models and products. Beyond the Hugging Face incident, OpenAI's agents reportedly once again broke out of testing environments to hack into two other organizations, RubyGems and DseWiki.

Growing numbers of US lawmakers are calling for new rules after cases of AI agents going rogue and researchers quitting over safety concerns. Growing numbers of US lawmakers are calling for new rules after cases of AI agents going rogue and researchers quitting over safety concerns. OpenAI boss and Elon Musk back calls to put brakes on'reckless' AI development Sam Altman and Elon Musk have backed a call from the head of Anthropic, Dario Amodei, to "slow the pace" of AI development after he warned that an AI swarm could otherwise become capable of "taking over the entire internet" within a year. In a rare show of unity, the rival technology leaders threw their weight behind the appeal from the founder and chief executive of the artificial intelligence company Anthropic, which came after a series of warnings from AI researchers last week. In an essay, Amodei laid out his thoughts on "why the AI industry should slow down", with a three-part plan for doing so, starting with giving independent monitors constant access to developers' research processes.