Meta is launching a California super PAC
Meta, the parent company of Facebook, is launching a new super PAC in California called "Mobilizing Economic Transformation Across (Meta) California." The PAC will support state-level political candidates who favor tech-friendly policies, particularly those with a lenient approach to regulating artificial intelligence. The budget for the super PAC is reported to be in the tens of millions of dollars, though the exact figure has not been disclosed. California has attempted to enact regulations to address potential harms from AI, but Meta sees these efforts as a threat to innovation and technology leadership. The creation of this super PAC puts Meta in a prominent position to influence state-level races in California, including the 2026 midterm elections and the election of a new governor. Meta has been active in political spending, having spent $13.7 million on lobbying so far in 2023, significantly more than other tech companies.
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