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Home Business The AI industry has already spent $65 million…

The AI industry has already spent $65 million ahead of the midterm elections with no signs of slowing down.

· · 2 min read
  • $25 million from OpenAI CEO Greg Brockman and his wife Anna;
  • $25 million from Marc Andreessen and Ben Horowitz ($12.5 million each)
  • $100,000 from Perplexity.

Unlike the other groups, Meta’s efforts will focus primarily on the state level.

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One group, called Mobilizing Economic Transformation Across (Meta) California, focuses specifically on the Golden State, where Meta is headquartered.

“As home to many of the world’s leading AI companies, California’s innovation economy has an outsized impact on America’s economic growth, job creation, and global competitiveness,” a Meta spokesperson previously told Business Insider. “But Sacramento’s regulatory environment could stifle innovation, block AI progress, and put California’s technology leadership at risk.”

The spokesperson added that the PAC would back candidates in both parties who “recognize California’s vital role in AI development and embrace policies that will keep the state at the forefront of the global tech ecosystem.”

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Meta gave $20 million to its California-focused PAC in August 2025, according to documents recently filed with the California Secretary of State.

The California-focused group has spent over $4.3 million thus far. The largest beneficiary has been Scott Sakakihara, a Democrat running for a state Senate seat that covers part of Silicon Valley. The group has spent $1.3 million boosting Sakakihara’s run.

A separate group, the American Technology Excellence Project, is focused on races in other states.

“Amid a growing patchwork of inconsistent regulations that threaten homegrown innovation and investments in AI, state lawmakers are uniquely positioned to ensure that America remains a global technology leader,” Meta VP of Public Policy Brian Rice said in a statement to Business Insider.

The group is a 527, a special kind of nonprofit specifically created to influence elections. Unlike so-called “dark money” groups, 527s have to reveal their donors.

Meta donated $45 million to the group, according to information filed with the IRS.

Of those funds, Meta has redirected $5.5 million to a pair of allied super PACs that will operate at the state level. The super PAC supporting Republicans is called Forge the Future, and the group supporting Democrats is called Making Our Tomorrow.

An Illinois-based branch of Making Our Tomorrow has reported spending over $650,000 thus far. While a Texas-based branch of Forge Our Future has spent over $1.3 million thus far.

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Nairavoice
Contributor at NairaVoice.com.ng