AI Industry Ramps Up Political Donations Ahead of 2026 Midterm Elections

• AI industry allies are increasing political donations, pledging over $100 million for 2026 midterms.
• Leading the Future (LTF), a new political committee, is spearheading the spending, launched by tech giants including Palantir co-founder Joe Lonsdale.
• A political ad by LTF targets congressional candidate Alex Bores, highlighting his past work at Palantir and its ties to ICE.
• The surge in spending is a pre-emptive measure against potential AI regulation amid growing concerns over energy costs, privacy, and job losses.
• Alex Bores accused LTF of hypocrisy, stating he quit Palantir over its ICE contract and is now being attacked with industry funds.