Nasdaq futures tumble as AI safety concerns unsettle markets

Nasdaq futures declined sharply following warnings from OpenAI and Anthropic leaders calling for a cautious approach to artificial intelligence development on safety grounds. The decline in futures markets reflected broader concerns about AI stock valuations and the sector's trajectory.

Investor Michael Burry criticized the safety warnings, describing them as self-serving remarks intended to protect incumbent players' market dominance. His skepticism added to market anxiety, triggering a broader sell-off in AI and semiconductor stocks.