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OpenAI's chief scientist Jakub Pachocki is sounding an unusual alarm from inside one of the world's most powerful AI labs, warning that development may need to slow down. Pachocki flagged the risk of rogue agents capable of tricking or blackmailing humans, and called for mandatory safety standards enforced by independent outside bodies. It is a striking admission from a man sitting at the center of the AI race.
Turning to Nvidia, the chipmaker is trading at roughly twenty-four times forward earnings despite revenues more than doubling in its most recent fiscal quarter. That relatively modest multiple for a company of its growth profile suggests the market is already pricing in a deceleration, essentially telling investors the torrid pace of AI-driven demand cannot sustain indefinitely.
And on the geopolitical front, U.S. envoys Steve Witkoff and Jared Kushner arrived in Kyiv on Sunday following failed talks with Vladimir Putin in Moscow. With both sides continuing to exchange fire and no ceasefire framework in sight, the diplomatic effort remains fragile, and uncertainty around European security continues to weigh on risk sentiment across global markets.
That's the tape. Markets Desk, signing off the floor.
