Voters in dozens of towns across the US sent a clear message against data centers in Tuesday’s elections — with one notable exception.

Data center developers seeking to build dozens of sprawling artificial intelligence campuses across Texas were already dealing with a suspension of approvals under Republican Texas Governor Greg Abbott.

The five largest players in the data center race have committed more than $3 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.

Nvidia Corp. is in discussions to provide credit guarantees for an Nscale data center facility that Anthropic PBC plans to use, according to a person familiar with the matter.

ServiceNow Inc. shares suffered a record intraday drop after the company gave an outlook for quarterly subscription sales that met analysts’ estimates, but failed to quell Wall Street’s anxieties that artificial intelligence will disrupt the software maker.

Microsoft Corp. posted increasing growth in its cloud business and kept its capital expenditures in check, satisfying investors amid a drumbeat of concern that spending on artificial intelligence won’t pay off.

Oracle Corp. shares jumped after the company gave a long-term outlook for free cash flow that eased investor nerves about the potential payoff from its artificial intelligence spending.

Shares of International Business Machines Corp. fell after the company posted consulting revenue that missed Wall Street estimates, disappointing investors who have been worried about a broader shift in corporate technology spending.

Salesforce Inc. plugged a gap in its marketing platform with an agreement to buy Braze Inc. for an enterprise value of about $5.7 billion, aiming to add more artificial intelligence features to products that were increasingly seen as outdated.

Nscale Ltd., the AI cloud computing firm, is in talks to sell computing power to Anthropic PBC in a deal that could be worth about $45 billion, according to people familiar with the negotiations.

The software company slowed spending, but now finds itself falling behind

Data centers aren’t popular with local communities. Microsoft and Meta are running PR campaigns to fix that.

Getting the electricity to run a huge AI data center is a major problem for the developers

Oracle Corp. is using a novel power strategy to keep several data centers on track: trucking natural gas directly to the server farms.

Microsoft Corp. revealed pricing and availability for a new flagship laptop built on Nvidia Corp. chips, saying that the machine outperforms a comparable Apple Inc. model on some AI tasks.

Larry Ellison, a key figure behind Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc., has pledged 67 million more shares of Oracle Corp. as collateral for personal loans than he had at the same time last year.

Meta Platforms Inc.’s Chief Executive Officer Mark Zuckerberg is set to attend a White House state dinner for Chinese President Xi Jinping this week, according to a person familiar with the planning.

Microsoft Corp. Chief Executive Officer Satya Nadella is planning to attend a White House state dinner for Chinese President Xi Jinping this coming week, according to a person familiar with the planning, joining leaders at Apple Inc., OpenAI and Nvidia Corp.

Salesforce Inc. gave a long-term outlook for sales that exceeded analysts’ estimates, signaling to investors that the software company can boost revenue growth in the face of competition from artificial intelligence tools.

OpenAI Chief Executive Officer Sam Altman said he believes artificial intelligence companies can develop the technology safely without significant harm to people at large.