Meta to launch California super PAC backing pro-AI candidates

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Meta said on Tuesday it will launch a California-focused political action committee (PAC) to back state-level candidates favouring lighter regulation of technology, particularly artificial intelligence.

The group, named “Mobilizing Economic Transformation Across (Meta) California,” will support candidates for state offices from either party who advocate AI innovation over stringent rules, the company said.

The Facebook and Instagram parent plans to spend tens of millions of dollars through the PAC, potentially positioning the company among the state’s…



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Meta to launch California super PAC backing pro-AI candidates



Meta said on Tuesday it will launch a California-focused political action committee (PAC) to back state-level candidates favouring lighter regulation of technology, particularly artificial intelligence.

The group, named “Mobilizing Economic Transformation Across (Meta) California,” will support candidates for state offices from either party who advocate AI innovation over stringent rules, the company said.

The Facebook and Instagram parent plans to spend tens of millions of dollars through the PAC, potentially positioning the company among the state’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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