Meta is reportedly investing “tens of millions” in its new super PAC dedicated to combating state-level proposals to regulate artificial intelligence (AI) and other technologies.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logi ...

Meta has raised the stakes in Big Tech’s fight against AI regulation. The Facebook-maker is investing “tens of millions” of dollars into a new super PAC to fight state-level tech policy proposals that could stifle AI advancement, reports Axios.Meta’s pro-AI PAC, called the American Technology Excellence Project, is the company’s latest effort to combat policies it sees as harmful to the development of AI. Last month, Meta launched a California-focused PAC to back tech-friendly candidates in state races. Ax ...

Over at the UN, more warnings about potentially apocalyptic civilization ending scenarios if AI doesn't get some strong guard rails soon. This time we are talking more than scientists. We are talking Nobel Prize winners, even two of the three so-called godfathers of AI are raising the alarms, urging political leaders across the world to put some meaningful regulation up by the end of next year.And here's what one Nobel Peace Prize winner said earlier today on the floor. We urge your governments to establish ...

AI Regulation Approach - China's AI regulation is pragmatic and industry-friendly [1] - A "Beijing effect" is unlikely to trigger a race to the top in AI regulation [1]

Core Insights - A senior EU policy manager at Meta, Christelle Dernon, announced her departure from the company after four years, giving it a "Met Most Expectations" rating in a performance review [1][2] - Dernon played a significant role in campaigns related to the EU's Digital Services Act and Digital Markets Act, and coordinated an open letter on AI regulation signed by over 40 CEOs [2][4] Departure Context - Dernon's exit follows the recent departure of another key figure, Monica Allen, who was the director of public policy campaigns in Europe [3][4] - Both departures occur amid increasing regulatory scrutiny faced by Meta in Europe [4] Regulatory Environment - Meta's chief global affairs officer, Joel Kaplan, criticized the EU's approach to AI regulation, labeling it as an "over-reach" that could hinder AI development in Europe [5][6] - In response to new regulations, Meta announced it would cease accepting paid political, electoral, and social-issue advertising across the EU starting in October [7]

Group 1 - Meta plans to launch a super PAC named "Mobilizing Economic Transformation Across California" to support candidates favoring a light-touch approach to AI regulation [1][2] - The company intends to invest tens of millions into this new PAC, with the aim of influencing California's regulatory environment to avoid stifling innovation in AI [2] - Meta's lobbying efforts have previously targeted legislation that could impose stricter regulations on AI firms, such as requiring safety protocol disclosures [2] Group 2 - The new PAC indicates Meta's strategy to influence statewide elections, including the upcoming governor's race in 2026 [3] - Meta has already contributed to various down-ballot candidates from both political parties, showcasing its bipartisan approach to political contributions [3]

The new pro-AI super-PAC network dubbed Leading the Future aims to use campaign donations and digital ads to advocate for favorable AI regulation and oppose candidates that the group thinks will stifle the industry. https://t.co/Vr6glwJe2e ...

We've both printed it out, all 23 pages. We haven't read the entirety of it. We skimmed it.But we've been talking for a while about how the the focus of the document, it it's infrastructure related, the American technology stack and the energies to support it. Is there substance to it on the side. the substance will really bear out over time at as we see a lot of uh administrations not only the Trump administration but all of its predecessors have flooded Washington with these sorts of policy directives in ...

AI regulation needs a global approach, according to Nikolaus Lang, managing director and senior partner at the Boston Consulting Group and global leader of the BCG Henderson Institute. He discusses the geopolitics of AI with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.y ...

AI Regulation & Governance - The industry believes AI regulation should occur at the federal level due to interstate and international commerce, and the open internet [2][3] - The industry notes that a patchwork of state regulations on AI model development and deployment would hinder internet service providers and negatively impact consumers and the job market [4] - The industry points out that early state legislation on AI, such as in California, demonstrated a naive understanding of AI technology and its diverse applications [5] - The industry emphasizes that federal AI regulation is critical for job creation, economic improvement, GDP growth, and productivity [6] - The industry expresses disappointment that federal preemption of AI regulation was not included in a particular bill, considering it vital for the US economy [7] - The industry argues that AI is of national security importance and crucial for maintaining technological and economic supremacy, thus requiring federal governance [10][11] - The industry fears that 50 different sets of state regulations on AI would slow down startups and smaller companies, while benefiting a few large incumbents [13] Comparison with Other Issues - The industry differentiates AI regulation from issues like abortion, which are considered individual matters best left to state governance [9] - The industry draws parallels between the current AI regulatory landscape and the historical development of internet regulation, suggesting a need for federal standards [18][19] - The industry contrasts AI regulation with issues like gambling and cannabis, which are currently regulated at the state level, arguing that AI's impact is broader and requires a unified federal approach [14][15]