Aug 26 (Reuters) - Meta is setting up a new
California-focused political action committee (PAC) to back
state-level candidates favoring lighter regulation of
technology, particularly artificial intelligence, Politico
reported on Tuesday.
The group, named Mobilizing Economic Transformation Across
(Meta) California - a 'super' PAC, will support candidates for
state offices from either party who advocate AI innovation over
stringent rules, the report said.
The Facebook and Instagram parent plans to spend tens of
millions of dollars through the PAC, potentially positioning the
company among the state's top political spenders ahead of the
2026 governor race, Politico said.
Meta did not immediately respond to a request for comment.
Reuters could not independently verify the report.