AI Industry's $100M Election Push Fails as Data Centers Drive Democratic Sweep
The AI industry's accelerationist wing spent more than $100 million on the 2026 US midterms and lost nearly every race it contested, as Democrats swept Congress on a wave of data center opposition. An NBC exit poll found 56% of voters called AI and data centers a major factor in their vote. Sweeping federal law remains unlikely with Trump holding the veto, but intense oversight and continued state regulation are now near-certain.
Read full story →Agility Robotics Becomes First Humanoid Robot Maker to Go Public in the US
Agility began Nasdaq trading under ticker AGLT after a SPAC merger valuing it at about $2.5 billion, the first dedicated humanoid company to list in the US. Its filings show just $1.8 million in 2025 revenue against a $138.1 million loss. The debut exposes a split where shipping companies like Agility are valued far below pre-revenue rivals such as Figure AI, priced near $39 billion.
Read full story →Goldman and Apollo Start Selling SpaceX's $40 Billion GPU Debt to Outside Investors
The banks have begun approaching investors to absorb parts of a roughly $40 billion financing for SpaceX's Nvidia chip purchases, a sale-and-leaseback structured to stay off SpaceX's balance sheet. If it clears, it would be the largest off-balance-sheet GPU deal on record. It lands in a market newly wary of AI leverage, with the Democratic election sweep and Microsoft's retreat from an Nscale expansion adding to the unease.
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