Pro-AI Group Pumps $100 Million Into US Midterm Elections
Innovation Council Action, a newly established political group led by former Trump aide Taylor Budowich and backed by tech investor David Sacks, plans to spend over $100 million in the 2026 US midterm elections.
The goal is to support candidates favoring AI deregulation and challenge those advocating stricter oversight. Budowich states the organization is aligned with Trump's vision that America will win the AI race against China.
They're not alone. Leading the Future, another pro-industry group, has raised $50 million from tech figures including Greg Brockman, Joe Lonsdale, and Marc Andreessen. Meta supports a separate super PAC projected to spend around $65 million, largely targeting state-level races.
Combined, this represents over $200 million in political AI lobbying for the midterms alone. Trump has placed AI at the center of his policy agenda, advocating for a unified federal regulatory framework instead of a patchwork of state rules.
This signals that AI regulation is becoming one of the major electoral issues in American politics.
📬 Likte du denne?
AI-nyheter for ledere. Kuratert av en CIO som bygger det selv. Daglig i innboksen.