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Benzinga
  • 5 minutes ago
Leading the Future, a PAC backed by AI groups including Andreessen Horowitz, Greg Brockman, and Perplexity, raised $15M in Q1, bringing its total to $140M for the election cycle. The group has supported candidates from both parties and recently endorsed five House Democrats. A coalition led by The Tech Oversight Project urged those lawmakers to disavow the PAC, calling it a mouthpiece for the AI industry.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02A political action committee backed by artificial intelligence groups
00:06reported new fundraising as scrutiny intensifies ahead of the 2026 midterm elections,
00:12according to CNBC. Leading the Future said it raised $15 million in the first quarter,
00:18bringing its total to $140 million for the election cycle. Backers include Andreessen
00:24Horowitz, Greg Brockman, Joe Lonsdale, Ron Conway, and Perplexity.
00:30The group has supported candidates from both parties and recently endorsed five House Democrats.
00:34A coalition led by the Tech Oversight Project sent a letter urging those lawmakers to disavow the PAC,
00:40calling it a mouthpiece for the AI industry. It remains unclear whether the lawmakers
00:45receive donations, as filings are not yet public. For all things money, visit Benzinga.com.
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