Democrats are projected to take control of both the House and Senate, and we're breaking down what a split government means for VCs, founders, and the AI trade, from regulation to deal-making to the market. Plus, OpenAI is buying Pierre Computer, whose code-storage tech already powers Codex, in a direct shot at Microsoft's GitHub. And Sam Altman says people should not cede control of the future to superintelligence. Is that a real line in the sand? We also cover the rising cost of AI, with Canva cutting 22% of staff, Revolut self-hosting, and Google expanding buyouts. On chips, Oracle scrapped a $7B Tencent lease and Apple warned that memory costs will keep squeezing margins. Then we get to Google cutting off Search for schools that reject AI, SpaceX pitching drug makers on making medicine in space, Binance's $6.3B fake-job-interview hack, and Kalshi raising $1B at a $40B valuation while facing felony charges in Utah. We close with a segment on which stocks look most undervalued right now.