After the midterms, a bigger clash over data centers could be coming
TL;DRBoth parties now oppose new data centers in their communities.
Why it matters: Growing bipartisan resistance could slow AI infrastructure expansion and cloud computing growth.
Cat Wu, who left Anthropic last week, says she is joining OpenAI
TL;DRAnthropic's top product manager Cat Wu is joining OpenAI to lead core product management.
Data center shares fall as investors expect slower AI buildout
TL;DRAI infrastructure stocks tanked after Democrats won, signaling investor concerns about slower spending growth.
Latest
OpenAI launches Images 2.6 in ChatGPT, Codex, and the API, saying it
OpenAI's new image tool generates pictures 50% faster and can now create animated GIFs.
Figma reports Q3 revenue up 43% YoY
Figma beat revenue expectations but missed margin targets, stock fell anyway.
AppLovin reports Q3 revenue up 55% YoY
AppLovin beat earnings expectations and raised Q4 guidance, sending stock up 20%.
Apple is reportedly cutting budgets for its internal AI usage
Apple is spending less on AI tools for its own engineers.
Goldman Sachs and Apollo are in talks with investors
Goldman Sachs and Apollo are shopping SpaceX's $40B chip financing deal to other investors.
Sequoia Closes London Office to Focus on Silicon Valley
Top venture firm Sequoia is closing its London office and consolidating operations.
Voters’ Gift to Big Tech
Tech stocks rallied after voters rejected a California billionaire tax.
Anthropic and AP struck a licensing deal just before the midterms
Anthropic paid AP to license news content for its AI models.
X says its updated web app is way faster
X rolled out a faster web app to signed-in users gradually by country.