Global technology shares fall after leading AI executives urge the industry to slow development of the most advanced frontier models. The selloff hits chipmakers and other AI-linked companies hardest as investors reassess whether tighter restraint or safety-focused pauses could disrupt the spending surge and growth assumptions behind the AI boom.

President Donald Trump attacks Anthropic chief executive Dario Amodei for advocating an AI slowdown and stronger safety guardrails. In Truth Social posts, Trump rejects the idea that the sector needs formal controls, arguing that strong national leadership is sufficient as the United States competes to stay ahead in artificial intelligence.

China rejects U.S.-led calls to slow advanced AI development, with its foreign ministry dismissing the warnings as fearmongering. Beijing pushes back as prominent American AI leaders argue that capabilities are advancing faster than safeguards, underscoring a widening international divide over whether AI should be treated chiefly as a safety risk or a strategic race.

X Corp and SpaceXAI move to dismiss their antitrust case against Apple over claims that the App Store favored rival AI services. The filing offers little explanation and does not make clear whether the companies reached any settlement, abruptly cooling a challenge that had targeted Apple’s control over app distribution in the AI market.

Bob Mackie, the costume designer whose glittering, theatrical looks helped define celebrity style for performers including Cher and Carol Burnett, dies at 87. His work spans decades of television, stage and red-carpet fashion, making him one of the most recognizable designers in entertainment even outside the core tech world.