#super-pacs

#super-pacs

One was a fairly traditional super PAC, announced via a splashy press release, with multiple major industry players planning to donate over $100 million to boost AI-friendly candidates across the country. The other was far more unusual. Meta had quietly filed to create the Mobilizing Economic Transformation Across (Meta) California, a state-only super PAC that would allow Meta to spend its own money to run political ads on behalf of their AI interests - and only their interests.

Midterm watch... The Wall Street Journal reported that Andreessen Horowitz and OpenAI's Greg Brockman are among those who've helped launch a new super PAC network, called Leading the Future. The focus, of course, is AI. Ultimately, this isn't a surprise-on one hand, the $100 million already mobilized to shape AI policy and regulation feels like a lot, but that number absolutely dwarfs the billions a16z manages and that OpenAI has raised.

During a fundraiser, Donald Trump claimed he convinced a wealthy donor, worth five to six billion dollars, to increase his donation from one million to twenty-five million, arguing that a million was insufficient compared to the donor's wealth.

Sean Spiller has amassed an impressive $35 million from a super PAC associated with the New Jersey Education Association, providing him substantial financial backing as he runs for governor.