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AI Firms Spend $125M to Block Regulation Candidate

AI Firms Spend $125M to Block Regulation Candidate
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💰Read original on TechCrunch AI

💡$125M PAC blitz against AI regs—know policy risks now

⚡ 30-Second TL;DR

What Changed

Tech billionaire-backed super PAC spends $125M

Why It Matters

This heavy spending could sway elections and delay AI regulations, benefiting AI developers short-term but risking unchecked industry growth. Practitioners may face fewer compliance hurdles if anti-regulation candidates win.

What To Do Next

Track OpenSecrets.org for super PAC spending on AI regulation candidates.

Who should care:Founders & Product Leaders

Key Points

  • Tech billionaire-backed super PAC spends $125M
  • Targets candidates pushing AI regulation
  • Alex Bores, ex-tech exec running in New York, undercut

🧠 Deep Insight

Background and context from public sources — not the original article. 5 sources cited.

🔑 Enhanced Key Takeaways

  • Alex Bores previously worked at Palantir Technologies, Merlon.ai, and Promise as a software engineer before entering politics in 2022[1][2][4].
  • The RAISE Act, authored by Bores and signed into law in December 2025, mandates AI labs with over $500M revenue to maintain and publicly disclose safety plans and report catastrophic incidents[2].
  • Leading the Future super PAC, opposing state AI regulation, is backed by pro-AI donors with Trump links and has raised $125M total with $70M on hand; its affiliate Think Big PAC ran ads accusing Bores of ICE-related work at Palantir[2][4][5].
  • Bores receives counter-support from Anthropic employees ($168,500 in donations) and the Anthropic-backed Public First Action PAC ($450,000), highlighting an AI industry divide on regulation[2][5].
  • President Trump issued a December 2025 executive order directing federal agencies to challenge state AI laws like the RAISE Act[2].

🔮 Future ImplicationsAI analysis grounded in cited sources

Leading the Future will spend at least $10M more against Bores
Bores stated the PAC committed to $10M against him, and the group has $70M on hand after raising $125M total[2][5].
Public First Action will increase support for Bores if attacks escalate
PAC leader Carson indicated they may back Bores as opponent spending raises his profile, with tens of millions raised toward a $50M goal from AI industry sources[2][5].
NY-12 race spending exceeds $200M by midterms
Leading the Future pledged $100M+ in midterms with NY-12 as priority, opposed by Public First's growing war chest amid industry civil war[4][5].

Timeline

2022-11
Alex Bores elected to New York State Assembly
2025-01
Bores sponsors RAISE Act for AI safety plans and transparency
2025-12
RAISE Act signed into law by NY Governor Hochul
2025-12
President Trump signs executive order challenging state AI laws
2026-01
Think Big PAC (Leading the Future affiliate) launches first anti-Bores ads
2026-02
Bores announces congressional run for NY-12; Anthropic employees donate $168K
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