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International Business Times
International Business Times
Politics

AI Companies Are Spending Millions To Shape Elections. Now The Biggest Fight Is Over Who Writes The Rules For AI.

The two largest artificial intelligence political action committees (PACs) have raised more than $200 million and have already spent at least $44 million backing candidates in House and Senate races through the end of June. (Credit: Bill Pugliano/Getty Images)

As Congress continues debating how to regulate artificial intelligence, companies in the field are spending heavily in the 2026 midterm elections in an effort to support candidates who will help shape the country's first major AI laws.

The two largest artificial intelligence political action committees (PACs) have raised more than $200 million and have already spent at least $44 million backing candidates in House and Senate races through the end of June, according to a CNBC analysis of Federal Election Commission filings. The spending reflects the AI industry's growing political influence as lawmakers weigh how to regulate rapidly advancing technologies.

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