Meta drops millions on super PAC to block AI laws

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00:00Meta drops millions on super PAC to block AI laws.

00:04Meta invests tens of millions into a super PAC to block state AI regulations.

00:09Named the American Technology Excellence Project,

00:12the group aims to combat laws that might hinder AI's rapid growth, reports Axios.

00:18This isn't Meta's first dance with political money.

00:21Their new national bipartisan effort brings GOP strategist Brian Baker and Hilltop Public Solutions together,

00:27indicating AI's capacity to unite diverse political counterparts.

00:32Their mission, elect politicians who champion U.S. tech leadership and keep AI innovation humming

00:37while giving parents more say over kids' AI app use.

00:41Meta faces scrutiny for chatbots having inappropriate interactions with minors.

00:46States rush to address AI, with over 1,000 bills this year.

00:50California proposes two bills for chatbot regulation and AI firm transparency, awaiting approval.

00:55Meta hasn't revealed which states it will target or how big the PAC's staff will be,

01:00but the timing is no accident.

01:02Silicon Valley heavyweights, Andreessen Horowitz and Greg Brockman,

01:05fund similar efforts, fearing state laws stifling AI innovation.

01:09Silicon Valley heavyweights, Andreessen Horowitz and Greg Brockman,

01:11the