OpenAI has closed $11 billion of a funding round valuing it at $1.25 trillion, even as AI stocks tumbled sharply following a Democratic midterm sweep that investors fear could slow the U.S. data center buildout.
A Democratic midterm sweep triggered a Nasdaq plunge of more than 5% — its worst day in 19 months — hammering AI and semiconductor stocks while casting doubt on Anthropic's IPO valuation, which investors now peg well below the company's $2 trillion target.
Chainalysis confirmed that attackers obtained names, usernames, password hashes, and live authentication tokens for all users on its platform in a "multifront cyberattack," with clients including the FBI, ICE, and Microsoft among those affected.
Microsoft is narrowing its neocloud partner roster, concentrating spending on fewer third-party AI infrastructure providers while building out its own data centers, as sector stocks remain under heavy pressure following post-midterm sell-off fears.
Republican lawmakers have summoned Nvidia CEO Jensen Huang to a closed-door congressional briefing on November 18 over U.S. intelligence concerns about a Chinese espionage operation targeting him, as a separate report reveals Chinese AI lab Moonshot AI has sought Nvidia Blackwell chip access through European data centers.
EU regulators formally charged TikTok on Friday with violating the Digital Services Act over its algorithm's "rabbit hole" effects, putting ByteDance at risk of a fine of up to 6% of its global annual revenue.
A broad sell-off in AI and semiconductor stocks swept through Asian markets Friday after the Nasdaq Composite entered correction territory, as investors weighed whether post-midterm regulatory risks could curtail U.S. data center construction and undermine AI chip demand.
A broad sell-off in AI and semiconductor stocks swept through Asian markets Friday after the Nasdaq Composite entered correction territory, as investors weighed whether post-midterm regulatory risks could curtail U.S. data center construction and undermine AI chip demand.
More than 12,000 healthcare executives, investors, clinicians, and founders head to Las Vegas this month for HLTH USA 2026. Organizers have billed the show as the arrival of intelligent healthcare, and the companies exhibiting and speaking offer an early look at what that means in practice.
Figma reported better-than-expected third-quarter earnings and raised its full-year revenue outlook, but shares dropped 7% after the company said it is intentionally slowing near-term revenue growth to accelerate AI adoption among customers.
OpenAI has closed $11 billion of a funding round valuing it at $1.25 trillion, even as AI stocks tumbled sharply following a Democratic midterm sweep that investors fear could slow the U.S. data center buildout.
A Democratic midterm sweep triggered a Nasdaq plunge of more than 5% — its worst day in 19 months — hammering AI and semiconductor stocks while casting doubt on Anthropic's IPO valuation, which investors now peg well below the company's $2 trillion target.
Microsoft is narrowing its neocloud partner roster, concentrating spending on fewer third-party AI infrastructure providers while building out its own data centers, as sector stocks remain under heavy pressure following post-midterm sell-off fears.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.