How AIPAC and AI Spent Their Money This Midterm Election
Intercept staff take stock of the big spenders this election cycle. The post How AIPAC and AI Spent Their Money This Midterm Election appeared first on The Intercept .
In the most recent midterm election, which is the costliest ever, over $16 billion has been raised, with ad spending in House and Senate races reaching $4 billion. Mega-donors, predominantly from AI, crypto, and online gambling sectors, have predominantly supported Republican candidates. The American Israel Public Affairs Committee (AIPAC) and its affiliated super PAC, the United Democracy Project (UDP), have continued to contribute significantly, despite a shift in public sentiment against their pro-Israel agenda.
Despite the decline in support for AIPAC, they are still heavily investing in numerous races, often resulting in their endorsed candidates winning. On the other hand, AI super PACs, affiliated with OpenAI or Anthropic, have spent approximately $50.7 million in the primaries but have scaled down their spending to $8.5 million in the general election, likely due to public backlash against their influence.
The trend among candidates is to present themselves as proponents of AI safety and regulation in response to growing public concern.
Written by urgent.news from The Intercept's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
