States Push AI Rules as Federal Regulation Stalls; Google and SpaceX GPU Deal

States are independently regulating AI as federal efforts stall, with Trump pressuring preemption. Google secures a major GPU lease from SpaceX, potentially affecting market dynamics. NVIDIA's institutional holdings shift, reflecting market responses. AI-driven layoffs reach 425,000 globally, with significant impacts in Europe. India and France collaborate on AI innovation at Bharat Innovates 2026, while Europe accelerates AI sovereignty amid U.S. restrictions on Anthropic. Oracle faces a backlog challenge, and U.S. restrictions on Anthropic reflect growing national security concerns.