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Japan's Nikkei slumps as AI leaders raise safety concerns; Topix gains
TOKYO: Japan’s Nikkei share gauge fell sharply on Monday, dragged down by technology shares after leaders of major AI companies called for a slowdown in development. The benchmark Nikkei 225 slid 1.61% to 62,979.17 in early trading. The broader Topix gained 0.40% to 4,044.29. OpenAI Chief Executive Sam Altman said his company will not go public in 2026, citing safety concerns over quickly advancing AI and its potential risks to humanity. On Saturday, Anthropic CEO Dario Amodei urged AI companies to take a more deliberate approach to development. Markets are also focused on central bank meeting...
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