Meta Sets Up Super PAC To Influence California Stance On AI, Tech Policy: Report

Published : Aug 26, 2025, 10:00 PM IST
https://stocktwits.com/news-articles/markets/equity/meta-sets-up-super-pac-to-influence-california-stance-on-ai-tech-policy/chsvbc7Rdju

Synopsis

According to a Politico report, the company plans to launch a super PAC called Mobilizing Economic Transformation Across (Meta) California.

Meta Platforms (META) is reportedly preparing to spend tens of millions of dollars on a new California-based political arm aimed at supporting candidates who favor a lighter regulatory approach to technology, particularly artificial intelligence.

According to a Politico report, the company plans to launch a super PAC called Mobilizing Economic Transformation Across (Meta) California. The group will back state-level candidates from either party who prioritize AI innovation over strict regulatory measures, the report said.

“Sacramento’s regulatory environment could stifle innovation, block AI progress, and put California’s technology leadership at risk,” Meta Vice President of Public Policy Brian Rice, who will lead the PAC alongside fellow policy executive Greg Maurer, told Politico. “This is why we are launching a California super PAC.”

Get updates to this developing story <directly on Stocktwits.<

Read also: Apple Reportedly Discusses Acquiring Mistral And Perplexity, But Remains Wary Of Big Deals

For updates and corrections, email newsroom[at]stocktwits[dot]com.<

 

PREV

Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.

Recommended Stories

Waymo Leads On Cities, But Tesla Wins On Manufacturing Muscle, Ark Invest Says
World’s Richest Person Elon Musk Sees Double-Digit US Growth Within 18 Months — Calls AI The Key Driver