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Markets were on edge as US-Iran tensions resurfaced and concerns about AI safety intensified ahead of an economic data-packed week.
US stock futures turned lower on Monday as US-Iran tensions resurfaced and concerns about AI safety intensified ahead of an economic data-packed week. Markets were on edge after President Trump rejected Tehran's proposal, which was similar to a previous memorandum of understanding, to reopen the Strait of Hormuz and end the war.
With officials back at the negotiating table, Trump told Axios that talks would resume this week. Brent crude CEO Dario Amodei, to call for slowing the pace of AI development. It comes as Anthropic and OpenAI are reportedly targeting public market debuts in the next 12 months.
Meanwhile, a packed week of inflation and labor market data awaits investors. From the Personal Consumption Expenditures report on Wednesday to the monthly employment report on Friday, investors will field new insights on the health of the economy. Global anxiety over artificial intelligence risks has intensified following fresh disclosures about a far wider range of breaches by advanced AI models, setting the stage for a high-stakes meeting between Anthropic PBC Chief Executive Officer Dario Amodei and President Donald Trump.
Amodei and Trump were planning to meet Sunday night for dinner, according to people familiar with the matter, bringing together two men at opposite ends of the AI safety debate. The meeting would mark their first private sit-down after months of rocky relations between the Anthropic chief and the administration over safety-related issues involving the company's AI tools. Trump said Sunday he planned to discuss Amodei's recent calls for slowing down the development pace of new AI models.
"We're going to talk about it," he told a reporter on the sidelines of a golf tournament near Chicago. "I'm for, 'Let's go and let's win. '"
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