Silicon Valley Leaders Launch $100M Super-PAC to Counter Strict AI Regulations in Midterm Elections

Silicon Valley heavyweights, including Greg Brockman, President of OpenAI, and venture capital firm Andreessen Horowitz, are investing over $100 million into a network of political action committees (PACs). These PACs will campaign against stringent AI regulations in the upcoming midterm elections, according to The Wall Street Journal.

The pro-AI super-PAC alliance, named “Leading the Future,” intends to leverage campaign contributions and digital advertisements to promote favorable AI legislation and oppose candidates perceived as potentially inhibiting the industry’s growth.

Both Andreessen Horowitz and OpenAI had previously advocated for a ten-year moratorium on state-level AI regulations, an initiative that was ultimately vetoed. The AI sector continues to resist a “mosaic of regulations,” arguing that it could hinder innovation and potentially place the U.S. at risk of falling behind China in the AI race.

The group seeks to emulate the strategy employed by the pro-crypto super-PAC network Fairshake, which played a significant role in securing Donald Trump’s victory. The alliance is expected to largely support the policies championed by White House AI and crypto advisor David Sacks, as reported by The Journal.

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