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Fargo Rules Out AI Slowdown

Fargo Rules Out AI Slowdown

Wells Fargo announced that the development of artificial intelligence is unlikely to slow down, despite international and local calls from some industry leaders to curb it out of safety concerns. The bank clarified that any potential slowdown would result from supply-side obstacles, such as licensing delays and energy availability, rather than a coordinated effort to limit AI demand. It also pointed out that former President Trump's stance in the United States opposes slowing down development, and that the lack of international coordination could lead to losing technological leadership.

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