Palantir's third-quarter revenue nearly doubled to $2.31 billion, and sales to U.S. companies passed U.S. government revenue for the first time. Slowing contract bookings and valuation worries tempered the reaction.
Part of our midterm election coverage: Democrats won control of Congress, according to projections, along with several data center states. Here is what newly empowered lawmakers have proposed, how industry is responding and where a slowdown could happen.
AMD posted record third-quarter revenue of $13.4 billion as data center sales rose 97% on the launch of its Instinct MI450 GPUs. Anthropic, Meta, Microsoft, OpenAI and Oracle are running workloads on its first Helios racks.
In a week dominated by election results, chipmakers, AI cloud providers and power producers sold off on fears of a slower data center buildout, while the biggest cloud platforms held up better.
After an election week that rattled AI stocks and put data center growth in question, we argue enterprise leaders should stop betting on the boom or the bust and invest where returns and data readiness are proven.
Employers cited AI in just 1,265 October job cuts, and economic conditions overtook AI as 2026's leading stated layoff reason. The shift gives enterprise leaders a chance to rethink how they link AI to headcount.