Political groups both supporting and opposing the AI industry spent millions of dollars trying to influence Tuesday’s midterm elections and shape the future of AI regulation. That spending produced mixed results, with some of the most heavily backed candidates losing their races.
On the industry side, two AI-focused political action committees (PACs) that raised and spent money to influence the elections — American Mission and Building the Future — collectively spent $4.8 million to back South Carolina Senate candidate Darline Graham, who lost. American Mission is the Republican spending arm of Leading the Future (LTF), a broader political group backed by OpenAI President Greg Brockman and the VC firm Andreessen Horowitz.
