Meta launches California Super PAC to support pro-AI policy candidates amid regulatory concerns

Meta Announces Launch of California Super PAC Backing AI-Friendly Candidates

Facebook’s parent company, Meta Platforms, announced on Aug. 26 that it would launch a new political action committee (PAC) in California to endorse candidates, regardless of party affiliation, who support artificial intelligence (AI) innovation and a more lenient stance on regulation. The tech giant is launching the Mobilizing Economic Transformation Across (Meta) California super-PAC, which will back candidates for state offices who favor AI d…

Meta launches California Super PAC to support pro-AI policy candidates amid regulatory concerns

Meta Platforms, Inc., the parent company of Facebook and Instagram, is launching a new political action committee to back candidates in California who support pro-artificial intelligence policies and oppose strict regulation. "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. But Sacramento’s regulatory environment co…

Meta launches California super PAC to back pro-AI candidates

Meta announced the launch of a California-focused political action committee (PAC) named “Mobilizing Economic Transformation Across (Meta) California.” The PAC will back candidates for state offices from any party who advocate for AI innovation and oppose stringent regulatory measures. The big picture: Meta plans to spend tens of millions of dollars through the PAC, potentially making it one of California’s top political spenders ahead of the 20…

New Meta PAC backs candidates opposing strict AI rules

Meta is initiating a super PAC aimed at backing California political candidates who support minimal artificial intelligence regulation according to Politico. This action aligns with a broader trend in Silicon Valley, where prominent figures are allocating significant funds to influence the AI regulatory landscape. The company will invest tens of millions of dollars in this new political action committee. The organization is named Mobilizing Econ…

Meta launches pro-AI political super-PAC to influence Silicon Valley regulators

Meta is launching a political action committee in California to support candidates who favor lighter regulation of artificial intelligence in Silicon Valley.