03:13 PM EDT, 08/25/2025 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI's President Greg Brockman is supporting the launch of a $100 million political action committee to influence US artificial intelligence regulations, The Wall Street Journal reported Monday, citing the initiative's leaders.

The initiative, called Leading the Future, is backed by venture capital firm Andreessen Horowitz and other tech leaders and aims to promote AI-friendly policies through campaign donations and digital ads, the Journal said.

The group plans to oppose candidates who support strict AI limits and wants balanced guardrails instead of broad restrictions. It will begin its campaign in New York, California, Illinois, and Ohio, which are seen as key battlegrounds for AI policymaking, according to the Journal.

The group will support both Democratic and Republican candidates and include PACs and a nonprofit advocacy arm. Other backers include Palantir Technologies ( PLTR ) co-founder and 8VC managing partner Joe Lonsdale, AI software company Perplexity, and investor Ron Conway, with campaign activities expected to begin later this year, the report said.

Microsoft ( MSFT ), OpenAI, Andreessen Horowitz, 8VC, Perplexity, and EIG's Ron Conway did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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