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Learn moreTech stocks rose in pre-market trading on Tuesday, with the Nasdaq climbing 0.5%.
SK Hynix (SKHY) released a statement Wednesday saying that it is "exploring various options" following a Reuters report that the company is seeking to manufacture its memory chips in the US for the first time at Intel's (INTC) planned fabrication facility in Ohio.
A separate plan would see SK Hynix create a venture with Intel and cloud giants to build the chips.
Shares of both Intel and SK Hynix rose more than 3%.
OpenAI (OPAI.PVT), meanwhile, is reportedly planning another funding round that would value the AI startup at $1.2 trillion, according to The Wall Street Journal.
The AI industry continues to grapple with warnings that the technology could eventually harm humans.
On Saturday, Anthropic (ANTH.PVT) CEO Dario Amodei posted an essay responding to the posts, calling on AI companies to slow the pace of frontier AI development. OpenAI CEO Sam Altman agreed.
But on Monday's All In podcast, Nvidia (NVDA) CEO Jensen Huang said that the fears of an AI doomsday scenario are simply made up.
LIVE12 updatesOpenAI seeks to raise funds ahead of IPO at $1.2 trillion valuation.
OpenAI (OPAI.PVT), meanwhile, is reportedly planning another funding round that would value the AI startup at $1.2 trillion, according to The Wall Street Journal.
The Sam Altman-helmed company last raised funds in March at a valuation of $852 billion. Wall Street initially expected OpenAI to go public at some point this year, but it has since pushed its IPO to 2027.
Rival Anthropic, which last raised funds in May at a valuation of $965 billion, is largely expected to publicly file its S-1 paperwork ahead of its IPO this fall.
Both companies are in a heated race to create the most powerful AI models on the planet.
But over the weekend, Anthropic CEO Dario Amodei called on labs to slow the race of development of AI over fears that it could cause harms to humanity.
Altman backed Amodei, saying that he agreed with his fell chief executives statements.
SK Hynix says it 'exploring various options' following reported Intel venture
SK Hynix (SKHY) released a statement Wednesday saying that it is "exploring various options" following a Reuters report that the company is seeking to manufacture its memory chips in the US for the first time at Intel's (INTC) planned fabrication facility in Ohio.
A separate plan would see SK Hynix create a venture with Intel and cloud giants to build the chips, according to the report.
Shares of both Intel and SK Hynix rose more than 3%.
The global AI buildout has created a shortage of memory chips, leading to higher prices for both data center builders and consumer electronics manufacturers.
While new plants would help alleviate that bottleneck, standing up such facilities takes time and wouldn't impact global supply immediately.
AI build-out has companies planning for new 'tidal wave' of 'forever chemicals'
Swedish chemicals watchdog ChemSec found that a majority of the world's 10 largest producers of PFAs plan to increase production to meet demand from the AI build-out, according to a Guardian article. PFAs (per- and polyfluoroalkyl substances) are also known as "forever chemicals" because they are virtually impossible to break down and have been linked to cancer and other health issues. PFAs are used in the production of microchips and in data center cooling methods touted as "eco-friendly" for using less water and energy.
ChemSec noted that PFA companies explicitly linked expansion of their offerings to the "AI revolution." French company Arkema reported plans for a new production unit in Kentucky to "enable us to follow the rapid expansion of datacenters' cooling needs," while US manufacturer Solstice told investors that AI demand represented a "generational opportunity" for growth.
"These companies' expansion plans show that unless governments and regulators insist on a rapid phaseout, we will face a new tidal wave of forever chemicals," ChemSec's executive director, Anne-Sofie Bäckar, told the Guardian.
Meta launches Meta One subscriptions as it seeks to better monetize AI spending
Meta (META) on Tuesday officially unveiled its Meta One subscription service as part of the company's effort to further monetize its enormous AI spending and diversify its revenue stream.
The plans, which start at $2.99 per month for single-product plans, $7.99 for individual bundles, and $14.99 for creator and business bundles, provide a number of features for users looking to get more out of their Instagram, Facebook, and WhatsApp accounts.
Instagram Plus and Facebook Plus allow users to keep their stories up for 48 hours instead of 24, send animated super reactions and super hearts to stories, preview stories without showing up as a viewer in other users' lists, and more.
WhatsApp Plus lets you share exclusive stickers, get exclusive ringtones for contacts, and pin up to 20 different chats.
'I'm not sure AI would make the top 50' in betting market on human extinction: Okta CEO
The cybersecurity business is poised to hit a new gear in the wake of fresh worries about powerful AI agents running amok on the internet.
"I think it's a powerful new technology and there's things that could go wrong. And there's things that could go right. And like every new technology, we have to be smart about how we use it," Okta (OKTA) co-founder and CEO Todd McKinnon said on Yahoo Finance's Opening Bid (video above). "Every huge new part of our economy is going to be regulated. There's going to be legal challenges. There's going to be people making sure it's safe. That's just naturally how technology works. It's about how we get that balance right. And I think the industry will get there."
Musk hints (again) at possible SpaceX, Tesla merger
Elon Musk once again hinted at a possible deepening of collaboration, perhaps even a merger, between his two major companies: Tesla (TSLA) and SpaceX (SPCX).
Speaking at the All-In Summit last night, Musk said it was a great question whether the two companies would remain separate despite several avenues for collaboration.
"With all this collaboration, on so many levels, who can imagine what action one might take when there's so much close collaboration in so many areas," he said.
Wall Street pushes back on Anthropic's warning as AI spending expected to roll on
Semiconductor stocks took a leg lower on Monday after Anthropic (ANTH.PVT) CEO Dario Amodei made a public plea to "slow down the AI industry."
The call was echoed by rival OpenAI (OPAI.PVT) CEO Sam Altman and even his nemesis, SpaceX (SPCX) and Tesla (TSLA) CEO Elon Musk, who voiced his agreement.
But Wall Street analysts say the AI train has left the station, with no slowdown in development or spending.
Capital expenditures for the four major hyperscalers totaled $293 billion for the first two quarters of 2026. Together, they are on pace to spend nearly $600 billion on artificial intelligence infrastructure this year alone, cementing the AI trade as the primary driver of both the economy and stock market.
'There is no threat to humanity right now,' says Gil Luria, on tech leaders' AI warnings
Gil Luria, D.A. Davidson's head of technology research, joined Yahoo Finance to unpack calls to slow AI development from Anthropic (ANTH.PVT) CEO Dario Amodei and OpenAI (OPAI.PVT) CEO Sam Altman, and why he believes the warnings may be masking a push toward greater industry consolidation and concentrated power.
"AI is a very powerful technology and right now, it's very good at hacking systems," Luria said. "That's it. There is no threat to humanity right now."
"Anthropic and OpenAI want to stifle competition. They know that they can handle regulation, they can dictate regulation, and that regulation would prevent competition from coming on," he added.
"They're being Machiavellian here," Luria said on Yahoo Finance's Opening Bid (video above). "They're clearly very competent individuals that have grown their companies to this size. So I don't doubt their qualifications. I just doubt their motivations because … neither of them actually said we are slowing down the development of AI. They both said, if everybody slows down, we will slow down."
Trump dismisses calls to slow AI development, blames 'conspiracy' against AI and data centers
President Trump on Monday rejected calls for guardrails on AI models, writing in a post on Truth Social that the government already has "tremendous criminal and regulatory power over these companies!"
Trump's post comes after a flurry of activity over the weekend that saw Anthropic (ANTH.PVT) CEO Dario Amodei,OpenAI (OPAI.PVT) CEO Sam Altman, and SpaceXAI (SPCX) CEO Elon Musk call for a slower pace in the development of frontier AI models.
"The only control or "guardrails" that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!" Trump wrote.
"The Trump Administration has stopped AI "people" from doing bad, or potentially bad, "things," like Dario (Anthropic!), who is now pretending to be a "perfect little angel" — and we will continue to do so!"
Cybersecurity stocks get a jolt on gloomy AI warnings from CEOs of Anthropic and OpenAI
One sector poised to capitalize on rising concerns about AI safety looks to be cybersecurity stocks.
Shares of top cybersecurity names popped in premarket trading amid fresh warnings from the biggest names in AI within the past two days. Okta (OKTA) shares gained 5%, CrowdStrike (CRWD) advanced 4.5%, and Palo Alto Networks (PANW) increased 4.5%.
The gains likely reflect these companies seeing an even faster pace of growth as companies double down on protecting their infrastructure.
The positive action stands in stark contrast to pullbacks across the AI complex today.
Within the course of two days, AI titans at Anthropic (ANTH.PVT), CEO Dario Amodei, and OpenAI (OPAI.PVT), CEO Sam Altman, have managed to scare the hell out of the human race with the powerful technology they created and pushed their teams full of pioneering super-coders to supercharge.
Leave it to Elon Musk to say, essentially, I've been right all along.
The SpaceX (SPCX) and Tesla (TSLA) CEO agreed with Anthropic (ANTH.PVT) CEO Dario Amodei on his essay arguing for pacing AI advances.
The crux of Amodei's argument is that AI using recursive self-improvement "could outrun our ability to understand and control these systems, and so must be pursued very carefully, if at all."
Musk replied on X.com —"Dario is right," but also added later that he's been "sounding the alarm" over AI for some time now, linking back to a post he made back in 2023, when he wrote "AGI is significantly higher risk than nuclear weapons, in my opinion. Super smart humans have trouble imagining something vastly smarter than themselves."
Anthropic, OpenAI CEOs call for pacing AI development after researcher says technology could 'kill all humans'
Anthropic (ANTH.PVT) CEO Dario Amodei rocked the AI world over the weekend after he posted a lengthy essay calling on the industry to slow the pace of development of the most advanced AI models.
Rival OpenAI (OPAI.PVT) CEO Sam Altman followed up on Amodei's piece, which he published Saturday morning, via a post on X saying that he agrees with Anthropic's chief executive.
The announcements come after two AI researchers posted about the dangers of advanced frontier AI models.
On Tuesday, Jacob Coxon announced that he resigned from Anthropic, saying that neither the company nor OpenAI is acting responsibly when it comes to developing powerful AI systems. In a post on X, Coxon stated that the companies are racing to create "self-improving superintelligence."
"The people building AI earnestly believe that it could kill us all by the end of the decade. This is not a marketing stunt," he wrote. "If anything, many executives and senior researchers will couch their phrasing in the press to sound sensible — but I hear the same people express fear privately. No other human activity poses this level of danger."
Anthropic's Alignment Science Lead, Evan Hubinger, then replied to Coxon's post saying the former Anthropic worker is correct and that he believes there is a greater-than-10 % chance that the technology could "kill all humans."
