Startups & Funding

AI companies are spending millions to thwart this former tech exec’s congressional bid

A super PAC backed by OpenAI, Palantir, and a16z targets a candidate who passed a state AI transparency law.

Deep Dive

A coalition of major AI companies and investors is pouring millions into a political action committee to defeat a congressional candidate with a tech background who supports AI regulation. The super PAC, Leading the Future, has raised $125 million and is targeting New York Assembly member Alex Bores, who sponsored New York's RAISE Act. This law requires large AI labs with over $500M in revenue to publish safety plans and report catastrophic incidents. The PAC's backers include Palantir co-founder Joe Lonsdale, OpenAI President Greg Brockman, Andreessen Horowitz, and Perplexity AI, highlighting a concerted industry push against state-level AI governance.

Bores, a former Palantir engineer who quit over the company's ICE work, is one of the few Democratic candidates with a computer science degree. He frames the $10M campaign against him as retaliation for his effective advocacy, arguing the industry fears knowledgeable regulators. The conflict underscores a broader strategy where tech firms, including Meta with its $65M in PAC funding, are investing heavily to elect AI-friendly candidates and challenge state laws like the RAISE Act. This marks a significant escalation in the political battle over AI oversight, pitting Silicon Valley's preference for federal (and potentially lighter) regulation against state-led transparency efforts.

Key Points
  • Leading the Future super PAC has $125M from OpenAI, Palantir, a16z to oppose candidates supporting AI regulation.
  • The PAC is spending at least $10M against Alex Bores, who authored New York's RAISE Act for AI safety disclosure.
  • Bores' tech background and computer science degree make him a unique threat to industry lobbying for minimal oversight.

Why It Matters

This clash sets the precedent for how the AI industry will politically combat regulation, influencing future state and federal policy.