news · 6 November 2026

Tech stocks slide on AI fears, and Airbnb outlines its agent plans

The big political shockwave from the US midterm elections has sent global tech markets tumbling over fears of a clampdown on the data centres that power AI. Closer to day-to-day operations, Airbnb has revealed how it plans to rethink travel planning with artificial intelligence, while Perplexity is pitching always-on digital assistants for team workspaces.

In this round-up

US midterm results spark global tech stock plunge over AI slowdown fears

Global stock markets suffered heavy losses on Thursday and Friday after the US midterm elections handed control of Congress to Democrats, who campaigned heavily on slowing down AI infrastructure. The tech-heavy Nasdaq dropped 5.5%, wiping out an estimated £1.9tn ($2.5tn) in market value, with major chipmakers like Nvidia tumbling over 9% and European tech firms such as ASML and Infineon also hit hard. Politicians campaigned against the environmental impact and energy consumption of giant data centres, with ballot initiatives and incoming officials threatening moratoria on new builds.

For event professionals, there is nothing immediate to adjust in your daily planning. However, this is the context everyone will be discussing over the coming weeks. The astronomical spending behind the AI tools that agencies and venues use every day is hitting real-world political and environmental boundaries. If regulatory pressure slows down data centre expansion, tech providers may face higher operational costs, which could eventually filter through to the subscription pricing of commercial software.

Read more: bbc.co.uk

Airbnb is building an AI travel agent to ditch standard text chatbots

In its Q3 earnings letter, Airbnb announced that it plans to launch an AI travel agent in the first half of 2027. Rather than offering a standard chatbot window with walls of text, chief executive Brian Chesky explained that the platform will use dynamic interfaces. It plans to assemble interactive elements like maps, photos, comparison tables and itineraries on the fly to match what users are asking. Airbnb also noted the tool will handle reservation changes, payment queries, and post-booking support directly within the app.

For event organisers managing speaker logistics, crew accommodation, or large delegate groups, this is worth watching closely. Group booking and team travel across multiple listings is notoriously tedious. If Airbnb can successfully generate visual, custom itineraries and let multiple people collaborate smoothly on bookings, it could strip significant admin out of organising accommodation for festivals, roadshows and conferences. For now, it remains on the roadmap for early 2027.

Read more: theverge.com · techcrunch.com

Perplexity launches round-the-clock workplace AI assistants called Teammates

Perplexity has launched a workplace tool called Teammates, aimed at taking on automated assistant tools from OpenAI and Anthropic. These software assistants are designed to run in the background around the clock, pulling knowledge from existing workspace projects and memory. They integrate with Perplexity Computer to handle tasks on user devices, can be accessed directly inside Slack, and can work across multiple roles simultaneously. However, using them requires an enterprise Max subscription costing $200 a month (roughly £155).

If your agency runs on Slack and spends hours each week gathering venue research, pulling competitor event summaries, or compiling post-event briefing notes, having a background assistant could be appealing. In practice, however, £155 per user each month is a steep price tag for most UK event teams. Unless your business is already deeply committed to automated desk research, this is one to monitor as prices inevitably fall rather than buy right away.

Read more: theverge.com

OpenAI drops non-disclosure agreements for local data centre projects

Following public backlash during the US midterms over new infrastructure, OpenAI announced on 6 November that it will no longer use non-disclosure agreements with public officials when negotiating data centre facilities, which it calls compute campuses. The firm said it will only retain narrow confidentiality clauses for genuine trade secrets and sensitive security details. It also committed to paying the full cost of electricity and infrastructure required for these sites and pledged to publish local job creation metrics. The policy follows a similar move made by Amazon in October.

This is purely industry context rather than an operational change for your events. When local councils and regional development authorities in the UK negotiate with tech firms, local secrecy has often sparked controversy. OpenAI stepping back from broad gagging orders shows how sensitive major AI providers have become to community relations and public infrastructure demands.

Read more: theverge.com

Chatbot advertising gains ground across consumer AI tools

Wired has examined how advertising is starting to creep into conversation interfaces, with OpenAI already counting over 100,000 advertisers in ChatGPT and Google expanding ads inside its AI Mode search across ten additional countries. Startup ad tech network Koah Labs reported that ads written partly by AI generate double the click rates of purely human-written copy, averaging about a 3% click-through rate. Because chatbot conversations tend to run longer, advertisers are targeting intent creatively, such as displaying spa deals when a user discusses feeling stressed.

For event marketers, this signals a shift in digital promotion. Traditional Google Ads rely on strict keyword matching, but chatbot advertising appears to lean heavily into conversational context. If you are promoting ticket sales, venue hire, or B2B trade shows, conversational placement could become an important addition to your pay-per-click marketing mix over the next year as ad inventory expands across conversational platforms.

Read more: wired.com

Palo Alto Networks in talks to buy AI agent security startup Clutch for $500m

Cybersecurity giant Palo Alto Networks is in discussions to acquire Clutch Security for roughly $500m (£385m) in cash alongside milestone bonuses. Clutch, which was valued at $85m in January 2025 and generates around $10m in annual recurring revenue, builds specialised security tools to control and monitor what internal corporate systems autonomous AI agents can touch. The deal reflects a wave of acquisitions by security firms trying to protect business data as companies delegate real tasks to automated software.

There is nothing to implement immediately here, but it highlights an important operational lesson. As event agencies begin adopting automated tools to process registrations, update CRM databases, or interface with venue booking systems, securing what these agents can view and edit will become vital. Handing automated software broad administrative access without strict boundaries poses significant commercial and data protection risks.

Read more: techcrunch.com

Sources

By Ed Richards

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