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Posts tagged as “OpenAI”

Tech stocks tumble as AI spending concerns deepen

Technology shares fell sharply worldwide as investors questioned whether massive AI spending can support lofty valuations. Chipmakers, Alphabet and newly public SpaceX were among the names hit as the sell-off spread to Asian markets.

AI super PAC spending reshapes Manhattan House primary

AI-backed super PACs have spent more than $43 million in the 2026 congressional cycle, with a Manhattan Democratic primary emerging as the central battleground. The spending pits OpenAI-aligned groups against Anthropic-backed forces over how tightly AI should be regulated.