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Today Explained

Today Explained

What AI companies want from their $240M midterms spending spree

Today Explained · Oct 13, 2026 · 7:45

0:007:45

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Artificial intelligence giants have quietly raised a massive $240 million war chest targeting the 2026 midterm elections to block localized backlash against massive data center construction and establish a favorable national regulatory framework. With tech sectors pumping record capital into Super PACs ahead of the November votes, AI companies are taking a page out of the cryptocurrency industry's playbook to cultivate a friendlier, pro-innovation Congress before a wave of "techlash" forces stricter rules.

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