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After the midterms, is the AI industry in for a rough two years? | TechCrunch

TechCrunch •
November 06, 2026 • 05:23 PM
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Watch as Equity breaks down how election week is already reshaping the AI data center debate, plus Canva’s layoffs, a $115B chip deal, and microdramas.

After the midterms, is the AI industry in for a rough two years? | TechCrunch

Democrats’ historic victories in this week’s U.S. midterm elections could also transform the tech industry.

The public voted on 41 data center-related ballot measures on Tuesday — in all but one, the majority voted to impose more restrictions on data center development. And even when data centers weren’t on the ballot directly, they were a major talking point, with newly-elected Democratic governors and congressmembers likely to support additional regulation .

On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and Anthony Ha discuss what the election will mean for the tech industry moving forward — not just when it comes to data centers (which OpenAI is already trying to rebrand ), but also increased government scrutiny of Big Tech.

Subscribe to Equity on YouTube , Apple Podcasts , Overcast , Spotify and all the casts. You also can follow Equity on X and Threads , at @EquityPod.

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