Trump's AI Red Carpet Fades After Midterm Setback

Donald Trump's political support for the AI industry is now uncertain following the Democrats' success in the midterm elections, contributing to a recent stock market decline in AI shares. The Democrats' victory has emboldened opposition to data center construction, with newly elected officials in states like Texas, Nevada, Ohio, and Georgia promising stricter regulations. Voter resistance is widespread, with at least 444 local votes favoring limits on data centers and only one approving them. Previously, Trump hosted tech leaders at the White House and prioritized AI development over regulation, fueling a boom. However, this alliance now faces challenges as both Democratic and Republican voters express concerns about the rapid expansion of data centers.