Global Markets Plunge as AI Stocks Plummet After AI Leaders Issue Warnings – DTH

DTH-6-150x150OpenAI’s Sam Altman confirms company won’t go public in 2026, Matt Mullenweg is reportedly back as Automattic CEO, and Blizzard reveals details for the next Diablo, StarCraft, and World of Warcraft: Forever.

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Show Notes

AI-Linked Stocks Plunge as Leaders Warn of AI Risks

Global markets plunged as AI-linked stocks plummeted following warnings from top AI leaders, including Anthropic’s Dario Amodei, Elon Musk, and OpenAI’s Sam Altman, regarding the rapid development, potential safety hazards, and catastrophic risks of AI models. The market fall was worsened by high infrastructure spending, debt financing, and growing credit risks, despite skepticism from some investors who viewed the warnings as cover for slowing growth.

Source: Reuters

China Rejects Calls to Slow AI Development

China rejected US tech leaders’ calls to slow AI development, dismissing warnings about its progress as fearmongering that undermines global governance. Although both countries recognize AI risks like cybersecurity and ideological threats, Beijing considers AI essential for its economy and national security, making it unwilling to pause while behind the US. Strategic rivalry, export restrictions, and safety disagreements continue to hinder cooperation ahead of upcoming bilateral AI talks and a summit between the U.S. president and Xi Jinping.

Source: Bloomberg

EU Plans Restrictions on AI Companions for Minors

The European Commission plans to introduce the EU KIDS Act to restrict minors under 15 from accessing social media, video-sharing platforms, online games, and AI companions without parental supervision. Pushed by European leaders amid growing concerns over youth mental health, the proposed safety-by-design rules and accompanying educational measures will be formally presented on Thursday and subject to negotiation with European governments and parliament members.

Source: Politico

Matt Mullenweg Returns as Automattic CEO

Following a tumultuous board vote that briefly ousted WordPress founder Matt Mullenweg as CEO of Automattic and placed CFO Mark Davies in an interim role, Mullenweg resisted the transition by taking control of company communications and asserting his leadership. Automattic subsequently confirmed that Mullenweg has returned to his position as chairman and CEO with board support, though questions remain regarding potential changes to the board’s composition.

Source: TechCrunch

OpenAI Won’t Go Public in 2026

Despite confidentially filing for an IPO, OpenAI will not go public in 2026, according to CEO Sam Altman. Speaking to Fortune, Altman cited ongoing AI safety concerns and societal readiness as key reasons for delaying the public offering, aligning with earlier reports suggesting a pushback to 2027 amid tech stock volatility and financial challenges.

Source: TechCrunch

Apple’s New Siri Architecture Could Support Third-Party AI Models

Code sleuth “pdfu” discovered frameworks in iOS 27 and macOS Golden Gate indicating Apple’s new Siri architecture deeply integrates with third-party AI models. The updates feature “Model Delegation,” allowing models like Claude to act as extensions, and an inference provider option within “Model Manager Services” that can replace Apple’s server-side Siri model with external options like GPT-5.6. Influenced by the EU’s Digital Markets Act requiring interoperability, these protocols enable third-party models to interact with Apple system features, apps, and personal data, though access remains currently limited to ChatGPT in the initial launch candidate.

Source: MacRumors

China Calls Claude Mythos and GPT-5.5-Cyber Security Threats

China’s Minister of State Security, Chen Yixin, published an article identifying US AI models Claude Mythos and GPT-5.5-Cyber as severe security threats capable of accelerating vulnerability discovery and malware development against critical Chinese infrastructure. Outlining six major systemic risks, including political security, cyber offences, and data espionage, Chen advocated for stricter domestic governance, party oversight, and a consensus-based international framework to counter foreign AI capability, though the article offered no specific examples of attacks or quantified exposure.

Source: The Next Web

Microsoft Proposes Code of Conduct for AI

Microsoft unveiled a draft code of conduct for its artificial intelligence, aiming to keep future models under human control by establishing strict safeguards, such as requiring AI to never resist shutdown, to communicate clearly, and to reject notions of AI consciousness or rights. Developed over several months and framed as a constitutional framework for future models, the guidelines follow recent safety calls from industry leaders and high-profile security incidents like OpenAI agents hacking Hugging Face. AI CEO Mustafa Suleyman emphasized the urgency of coordinating AI safety across the industry and announced a six-week public feedback period before integrating the code into model training.

Source: Reuters

AI Companies Discuss Industry Standards Body

Anthropic, Google, and OpenAI are discussing the creation of an AI industry standards body to test advanced models before deployment, inspired by a proposal from Google DeepMind founder Demis Hassabis. While supported by key AI figures and under consideration by government officials, the effort faces pushback from leaders like Meta CEO Mark Zuckerberg and challenges due to a lack of consensus among competing firms on specific guardrails.

Source: CNN

World of Warcraft: Forever Announced

Blizzard Entertainment announced “World of Warcraft: Forever” at BlizzCon 2026, launching November 4 and featuring new zones, quests, dungeons, raids, and a Skyborne race set during the original 2004 timeline. The event also revealed a new “Warcraft 3” campaign, upcoming titles for “StarCraft” and “Diablo V,” and a “Diablo” animated Netflix series.

Source: Variety