This $265 million battle is a fight for the right to set the rules for AI in the United States.

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AI regulation has become a central issue in the U.S. midterm elections, with industry groups and advocacy organizations contributing over $265 million in political funding. The political action committee “Leading the Future,” supported by OpenAI’s Greg Brockman and Palantir’s Joe Lonsdale, has raised over $125 million to oppose AI regulation at the state level, arguing that such regulations would stifle innovation. In contrast, organizations like “Public First Action,” funded by a $20 million donation from Anthropic, support candidates who advocate for AI regulation. This conflict is playing out in key districts, such as in New York, where candidate Alex Bores, who supports regulation, has become a target of industry advertising. Polls show that 76% of Americans believe AI should be regulated.

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