Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman called for a global slowdown in advanced AI development on Saturday, September 12. Amodei argued in a blog post that safety measures must catch up with rapidly advancing technological capabilities. xAI CEO Elon Musk echoed these sentiments, citing escalating safety risks.

Sam Altman confirmed OpenAI will not pursue an initial public offering in 2026. The company will prioritize safety and alignment research over a public listing. These calls for restraint follow the recent resignation of an Anthropic researcher due to existential AI concerns.

Market analysts expect near-term pressure on semiconductor and AI-related stocks following the announcements. However, experts believe long-term demand for computing power will remain strong despite the proposed development pause.