AINew York Times2h ago
Filings: Meta reduced its $65M midterms budget by $25M through refunds
Filings: Meta reduced its $65M midterms budget by $25M through refunds, primarily from a super PAC it launched in 2025 with $45M to fight state AI bills
TL;DRMeta cut its 2024 midterm spending budget in half through refunds, including from its own AI-focused super PAC.
Why it matters: Shows Meta's political influence strategy and raises questions about corporate funding flows in state-level AI regulation battles.
The company outlined a $65 million budget last year when it embarked on an effort to elect state politicians friendly to the A.I. industry.
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