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Stock futures fall as investors weigh AI safety concerns, oil gains: Live updates
Stock futures fell early Monday as investors monitored a major shakeup in the pipeline for artificial intelligence initial public offerings amid growing safety concerns, along with the latest oil moves.
S&P 500 futures lost 0.6% as of 3:06 a.m. ET, while Nasdaq-100 futures tumbled 1.44%. Dow Jones Industrial Average futures slid 50 points, or 0.1%.
In Asia, Japan's Nikkei 225 closed 0.81% lower, while South Korea's Kospi fell 3.26%. Australia's benchmark S&P/ASX 200 inched 0.10% higher. Mainland China's CSI 300 closed 0.67% lower at 4,480.08.
OpenAI CEO Sam Altman said in an interview published on Saturday that the AI startup would not go public this year. Altman said an IPO for the ChatGPT maker would now would be "ill-advised," just one month after OpenAI CFO Sarah Friar said it would go public by 2027 at the latest.
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