AI Money Is Coming to a Midterm Near You
During the past two election cycles, the giants of cryptocurrency emerged as some of the biggest money players. Sam Bankman-Fried’s PAC spent $70 million on donations in 2022, and Fairshake, a super-PAC formed to support pro-crypto politicians, spent a whopping $245 million in 2024. In just a few years, their bipartisan donations helped reshape the Senate, with cash going to support swing-state Democrats like Ruben Gallego, who pledged to play ball with industry-friendly legislation, while stymieing the election of swing-state Democratic crypto skeptics like Sherrod Brown.
For the 2026 midterms, it looks like the artificial-intelligence companies are the new players with startling amounts of cash to spend. Bloomberg reports that Marc Andreessen and Ben Horowitz (of the eponymous AI-leaning venture-capital firm) and OpenAI co-founder Greg Brockman........
