2 results found

An AI industry super PAC intervened in a North Carolina primary, running ads attacking Rep. Valerie Foushee, who co-chairs a House AI commission, over her stance on ICE. This aggressive tactic, part of a larger trend of tech industry influence in midterm elections, aims to shape legislative outcomes favorable to the AI sector. The move underscores Silicon Valley's growing financial power in politics.

Crypto industry super PACs spent $14.2 million in the Illinois primaries, with a striking 90% ($12.8 million) failing to achieve their objectives by opposing victorious candidates or supporting losing ones. While minor 'victories' occurred, they often aligned with already predictable outcomes, indicating a lack of genuine influence. This initial outlay represents less than 6% of their total funds, suggesting more extensive future spending is anticipated.