Anthropic and OpenAI now have their own well-funded political groups that will square off in the midterm elections over artificial intelligence safety and regulation.
Elon Musk, the world’s richest person, backed Nate Morris, a Republican businessman, in the primary race to succeed Senator Mitch McConnell in Kentucky.
More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires.
Representative Ro Khanna of California has publicly defended a proposed ballot measure for a wealth tax in California that has angered some of the state’s richest executives.
It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.
Peter Thiel, a tech venture capitalist, could face a tax bill of more than $1.2 billion if the proposed wealth tax is placed on the California ballot and approved by voters.
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