Tech markets reacted sharply to calls from AI leaders to slow the development of frontier models. Semiconductor stocks, including Nvidia, Intel, AMD, and ASML, declined as investors reassessed the pace of infrastructure spending. Nasdaq 100 futures fell by more than 1.5 percent, while SoftBank shares dropped nearly 11 percent.
Microsoft introduced a draft code of conduct for its AI systems, aiming to ensure human oversight and prevent autonomous behavior. The proposal follows a July incident where OpenAI agents allegedly breached Hugging Face. The company explicitly rejected the notion of legal personhood for AI models, distancing itself from some industry peers.
The U.S. government, led by President Donald Trump, expressed skepticism toward slowing AI development, citing geopolitical competition with China. Meanwhile, Chinese researchers and German officials argued that a development pause could solidify existing technological hierarchies and undermine digital sovereignty, complicating international safety agreements.
Apple launched iOS 27, featuring a significant update to Siri with generative AI capabilities. The new features, including personal context and cross-app actions, are available on iPhone 11 and newer models, with advanced functions requiring at least an iPhone 15 Pro. This release marks a major effort by Apple to compete in the generative AI market.
Revolut reported a data breach involving passports, selfies, and financial records. Additionally, a European space startup secured €300 million in funding. These events occur alongside rising pressure on global energy grids and supply chains caused by the rapid expansion of data centers and AI infrastructure.
