a16z says its fifth growth fund has closed additional capital, bringing its total to $8.5B (Andreessen Horowitz)
Enterprises are putting AI tools to work across every part of their organizations. … - Consumer AI is barely even a thing yet, aside from ChatGPT's form factor beginning to replace the search engine.
A new political action committee called Build American AI is set to launch an advertising campaign focused on data centers in battleground states ahead of the midterms, according to several news outlets. The committee is backed by a well-known, pro-AI super PAC, Leading the Future (LTF), which is heavily funded by tech investors Marc Andreessen, Ben Horowitz, and OpenAI President Greg Brockman.
LTF, which has received over $50 million in funding, has primarily donated to politicians who support AI, but has distanced itself from OpenAI over some of its tactics. Build American AI plans to target Kansas, Ohio, and Wisconsin, where data center concerns have become a key issue in the elections. The committee's ad budget is reported to be in the millions of dollars.
LTF has gained notoriety in Silicon Valley, but it is not the only AI-focused super PAC receiving backing from big-name investors. Other groups, such as Anthropic and Public First Action, also support AI-related initiatives. Venture firm Andreessen Horowitz, co-founded by Andreessen and Horowitz, is reported to be the biggest donor to the midterm elections, spending over $115 million in disclosed federal contributions.
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