After the midterms, a bigger clash over data centers could be coming
TL;DRData center opposition gained traction across both political parties in midterms.
Why it matters: Bipartisan pushback signals regulatory headwinds for AI, cloud, and crypto infrastructure expansion.
Cat Wu, who left Anthropic last week, says she is joining OpenAI
TL;DRAnthropic's top product manager for Claude Code is joining OpenAI.
OpenAI launches Images 2.6 in ChatGPT, Codex, and the API, saying it
TL;DROpenAI's new image tool generates pictures 50% faster and now creates animated GIFs.
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Data center shares fall as investors expect slower AI buildout
AI data center stocks dropped after Democrats won, signaling investor concerns about slower growth.
Figma reports Q3 revenue up 43% YoY
Figma beat revenue estimates but missed margin targets, yet raised 2026 outlook; stock fell anyway.
AppLovin reports Q3 revenue up 55% YoY
AppLovin beat earnings estimates and raised guidance, sending stock up 20% after hours.
Apple is reportedly cutting budgets for its internal AI usage
Apple is slashing internal AI spending for its engineering teams.
Goldman Sachs and Apollo are in talks with investors
Goldman Sachs and Apollo are pre-selling chunks of a SpaceX chip financing deal to investors.
Sequoia Closes London Office to Focus on Silicon Valley
Sequoia Capital is closing its London office to concentrate resources in Silicon Valley.
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 for news content licensing, a first for the AI company.
X says its updated web app is way faster
X rolled out a faster web app to signed-in users globally.