Aug 26 (Reuters) - Meta said on Tuesday it will
launch a California-focused political action committee to back
state-level candidates favoring lighter regulation of
technology, particularly artificial intelligence.
The group, named Mobilizing Economic Transformation Across
California - a super-PAC, will support candidates for state
offices from either party who advocate AI innovation over
stringent rules.
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.
California will elect its next governor in November 2026.
Governor Gavin Newsom's national profile has surged amid a
series of confrontations with President Donald Trump,
positioning him as a high-visibility Democratic figure.
The office of the California governor did not immediately
respond to a Reuters request for comment.
Meta's move to back candidates who favor AI-friendly
policies aligns with its business interests, as the social media
company is pouring billions to better compete in Silicon
Valley's intensifying AI race and develop new cash flows.
"Sacramento's regulatory environment could stifle
innovation, block AI progress, and put California's technology
leadership at risk," said Brian Rice, Meta vice president of
public policy.
California has been among the most aggressive states in
pursuing AI and social media regulation and state officials will
shape rules on safety, transparency and consumer protection that
could impact tech companies' products.
Rice will head the PAC alongside fellow public policy VP
Greg Maurer as principal officers, according to a company
spokesperson.
Companies such as Uber ( UBER ) and Airbnb ( ABNB ) have
used such campaign-focused, multi-million dollar strategies to
build clout in Sacramento, according to Politico, which first
reported the development.
Venture-capital firm Andreessen Horowitz and OpenAI
President Greg Brockman are among those helping launch and fund
Leading the Future, a new super-PAC network focused on AI, the
Wall Street Journal reported on Monday.