News Summary

Meta, the tech giant, is preparing to launch a super PAC named Mobilizing Economic Transformation Across California to support candidates in California who favor a light-touch approach to AI regulation. This initiative involves spending tens of millions of dollars to influence statewide elections, including the next governor’s race in 2026. The move is part of a broader effort by Silicon Valley leaders, including Andreessen Horowitz and OpenAI’s Greg Brockman, who have pledged $100 million for a pro-AI super PAC. Meta’s new political arm aims to counteract regulatory measures perceived to stifle innovation and AI progress, such as the state Sen. Scott Wiener’s SB-53 bill, which requires AI firms to publish safety protocols.