Technology and Science

Asian Markets Drop as Trump Dismisses AI Slowdown in Call With Nvidia's Huang

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Asian stocks opened slightly lower Tuesday amid growing debate over the pace of AI development. It follows a weekend selloff in tech shares, which dropped as much as 7% on concerns about a potential AI slowdown. On Monday, US President Donald Trump called Nvidia CEO Jensen Huang during a live event, dismissing fears of runaway AI as "a hoax." Huang also downplayed the concerns. The comments come as OpenAI and Anthropic have urged a slower pace of AI development, citing safety risks.

AI Slowdown Debate

REPORTER:  
Stocks across Asia opened slightly lower on Tuesday as debate over the pace of AI development continues.

REPORTER:  
On Monday, US President Donald Trump called Nvidia CEO Jensen Huang during a live event. Trump dismissed fears of runaway AI as "a hoax," while Huang downplayed those concerns. Their comments come as OpenAI and Anthropic urge a slower AI development because of safety concerns.