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Meta to Invest ‘Tens of Millions’ to Combat State-Level AI Bills
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PYMNTS.com
Meta is reportedly investing “tens of millions” in its new super PAC dedicated to combating state-level proposals to regulate artificial intelligence (AI) and other technologies.
There have been 1,100 state-level tech policy proposals introduced this year, according to the report.
Politico reported Aug. 26 that Meta launched a California super PAC called Mobilizing Economic Transformation Across California that will support candidates for state offices who favor AI innovation.
When the Senate rejected the proposed 10-year moratorium on state-level AI regulations, it did so in a 99-1 vote.
Some of those who criticized the proposal flagged concerns about keeping states from regulating a powerful and potentially disruptive technology.
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