US Voters Roundly Reject Data Centers in Ballot Measures

Even as Democrats swept the 2026 midterms on frustration over inflation and the Iran war, voters also turned down data center proposals at the ballot box. The results rattled tech stocks on fears of a slower AI infrastructure buildout, arriving as Big Tech's hidden AI-related debt reportedly doubled in six months to roughly $3.2 trillion.
Research carried out by Nikkei showed Big Tech's off-balance-sheet debt from AI-related obligations doubled in six months to about $3.2 trillion, equivalent to around 80% of their combined assets.