AINeutralThe Verge – AI · Jun 247/10
🧠In a competitive Democratic primary for New York's 12th Congressional District, Alex Bores narrowly lost to Micah Lasher despite a $27 million proxy war between AI companies Anthropic and OpenAI over his AI safety legislation. Bores, who authored the RAISE Act implementing guardrails on frontier AI companies, faced opposition from a $100 million super PAC funded by AI industry interests, highlighting growing tensions between AI safety advocates and major tech companies.
🏢 OpenAI🏢 Anthropic
AIBearishThe Verge – AI · Jun 237/10
🧠Corporate-backed AI super PACs invested $27 million in a local election, signaling how artificial intelligence companies are leveraging political spending to influence regulatory outcomes at local and state levels. This spending pattern reveals a strategic shift where tech giants use super PACs to shape election outcomes that could affect AI regulation and governance.
AINeutralCrypto Briefing · Jun 187/10
🧠The Guardrails Alliance has launched to counter Leading the Future's substantial spending in the 2026 midterm elections, highlighting escalating political tensions around AI regulation. This development signals competing visions for AI policy governance between pro-regulation and industry-friendly factions, with potential implications for future tech legislation and political strategy.
CryptoBullishBlockonomi · May 287/10
⛓️Cryptocurrency industry political action committees invested over $10 million in Texas primary elections, successfully ousting Rep. Al Green, a known crypto critic. This marks a significant escalation in crypto's political engagement and demonstrates the industry's growing ability to influence electoral outcomes on a state level.
AINeutralThe Verge – AI · May 277/10
🧠OpenAI and Anthropic are engaged in a costly political battle over AI regulation through competing super PACs, with their massive spending against New York congressional candidate Alex Bores—who authored AI safety legislation—ironically elevating his profile and making him a prominent voice for regulatory oversight.
🏢 OpenAI🏢 Anthropic
CryptoBearishCoinDesk · Apr 127/10
⛓️The Fellowship PAC, a Super PAC with ties to Tether, spent $300,000 on advertising services from Nxum Group, a firm co-founded by Bo Hines, who serves as CEO of Tether's U.S. operations and formerly advised President Trump. This transaction reveals potential interconnections between cryptocurrency industry leadership and political spending infrastructure.
CryptoNeutralcrypto.news · Jun 226/10
⛓️Crypto-backed political groups have deployed at least $7 million in Democratic primary races while the CLARITY Act remains under negotiation in Congress. The spending surge reflects the industry's intensified lobbying efforts as lawmakers face mounting legislative pressures and scheduling constraints.
CryptoNeutralCoinTelegraph · Apr 136/10
⛓️The Fellowship PAC, a crypto-aligned political action committee, has begun endorsing and funding candidates for the 2026 US midterm elections, with $300,000 spent on advertising for a Republican candidate in Georgia's 14th Congressional District. This represents an emerging trend of cryptocurrency interests mobilizing political capital to influence electoral outcomes and legislative priorities.
CryptoNeutralCoinTelegraph · Mar 96/10
⛓️Crypto-backed PAC Fairshake has spent $8.6 million on Illinois political races from its $193 million war chest funded by crypto industry groups. This spending is part of broader crypto industry efforts to influence US midterm elections and support crypto-friendly candidates.
GeneralNeutralFortune Crypto · Aug 285/10
📰Billionaire investor Peter Thiel has decided to abstain from funding any presidential candidates in the 2024 election cycle, arguing that incremental financial contributions of $1-10 million have negligible impact on electoral outcomes. Thiel's position represents a shift from his historical involvement in political financing and suggests skepticism about the efficacy of large-scale campaign spending.