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The AI industry's week from hell

Why it’s here: Item is a market-focused Axios piece on Anthropic's IPO, but it substantively covers AI-relevant federal policy angles including Democratic congressional subpoena power over AI safety and political influence, local data-center restrictions, and the Nvidia espionage investigation by the FBI and Congress.

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  1. 4d agoAxiosThe AI industry's week from hellAnthropic cut its IPO ambitions to a valuation of up to $1.4 trillion as a broad AI market selloff, Nvidia's espionage scandal, and Democratic midterm gains weighed on the industry.1 outletAI41 linked

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The AI industry's week from hell — The Wave