These races matter if you care about money, Musk, and the AI boom as Democrats rack up shocking wins

Tech Insider : Politics, Business
Ken Paxton and James Talarico

Michael Gonzalez/Getty; Brandon Bell/Getty; BI

  • The midterms will be, in part, a referendum on AI and Big Tech backlash.
  • SpaceX CEO Elon Musk bet big on the Texas Senate race. His candidate lost.
  • Democrats also won a key Senate race in Ohio.

The 2026 midterms have arrived, and results are rolling in.

Democrats’ big night has the internet joking that DEI is back

Tech Insider : Economy, Economy, Politics
People vote during the midterm elections early in the day at the Brooklyn Museum in New York on November 3, 2026
With a likely blue tsunami, some are joking that DEI is back.

TIMOTHY A. CLARY / AFP via Getty Images

AMD rides data center riches to ‘largest and most profitable’ quarter in history

The Verge : Business
Photo collage of a data center.

AMD CEO Lisa Su said in the company's quarterly earnings call on Tuesday that Q3 2026 was "was the largest and most profitable in our history." AMD

Cat Wu, a face of the blockbuster app Claude Code, leaves Anthropic

Tech Insider : Business, Technology
Cat Wu, who led the product side of Claude Code at Anthropic, stands on stage.
Cat Wu, who led the product side of Claude Code at Anthropic, has left the AI startup.

Don Feria/AP Content Services for Anthropic

Please stop asking me when the AI bubble will pop

The Verge : Business
Emmanuel Roman, chief executive officer of Pacific Investment Management Co. (Pimco), during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 3, 2026.

What the voter records of California's billionaires reveal

Tech Insider : Politics, Business, Style
A composite image of California billionaires including Dr. Dre, Tim Cook, Marissa Mayer, Mark Zuckerberg, Beyoncé, and Jay Z.
California's billionaire class includes Dr. Dre, Tim Cook, Marissa Mayer, Mark Zuckerberg, Beyoncé, and Jay Z, among hundreds of others.

Illustration by Claudine Hellmuth/POLITICO (Getty)

Canva CEO says a major reorganization will affect 22% of its workforce. Read the memo.

Tech Insider : Business, Technology
Melanie Perkins, CEO and cofounder of Canva, speaks during the Canva Create event in Inglewood, California, on Thursday, May 23, 2024.
Canva is laying off or changing responsibilities for nearly 1,300 employees.

Alisha Jucevic/Bloomberg via Getty Images

They opened a hotel together. The Learjet crash cut their love story short.

Tech Insider : Travel, Business
Rachael Reed and Charmi Fehr, hotel owners who were killed in Sunday's Learjet crash, are pictured.
Rachael Reed and Charmi Fehr were killed in Sunday's Learjet crash.

The Reed and Fehr families

Valve is making changes to deal with a ‘significant increase’ in Steam game submissions

The Verge : Business
An illustration of the Steam logo

In a new post today, Valve acknowledged that it's seen "a significant increase in submissions for store and page review

ChatGPT's search volume is now roughly 20% of Google's. Wow, people were really sick of Google, huh?

Tech Insider : Business, Technology
a phone searching google
People were getting fed up with Google search, which made it easy for ChatGPT to step in.

Robert Michael/picture alliance via Getty Images

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