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Stock impact report

Tech titans pour $50 million into super PAC to elect AI-friendly candidates to Congress [Los Angeles Times (CA)]

Meta Platforms, Inc. - Class A (META) 
Marc Andreessen, Ben Horowitz and OpenAI co-founder Greg Brockman are among tech leaders who've poured $50 million into a new super political action committee to help AI-friendly candidates prevail in November's congressional races. Known as Leading the Future, the super PAC has taken center stage as voters grow increasingly concerned that AI risks driving up energy costs and taking away jobs. As it launches operations, Leading the Future is deploying a strategy that worked two years ago for crypto advocates: talk about what's likely to resonate with voters, not the industry or its interests and controversies. For AI, that means its ads won't tout the technology but instead discuss core issues including economic opportunity and immigration — even if that means not mentioning AI at all. “They're trying to be helpful in a campaign rather than talking about their own issue all the time,” said Craig Murphy, a Republican political consultant in Texas, where Leading the Future has back Show less Read more
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