"Andreessen Horowitz is putting its money where its mouth is. The firm, also known as A16z, launched a new political action committee on Monday alongside a slate of Silicon Valley heavyweights. The PAC, called Leading the Future, aims to shape US artificial intelligence policies. Technocrats have already pumped more than $100 million into the initiative, according to a press release."
"Palantir cofounder and defense tech investor Joe Lonsdale, OpenAI cofounder Greg Brockman and his wife Anna, an AI search startup Perplexity, and longtime venture capitalist Ron Conway are backing the effort. Leading the Future plans to raise more money and gain more backers in the next few weeks. Tech support for PACs is part of a well-worn playbook in Silicon Valley."
Andreessen Horowitz launched a new political action committee, Leading the Future, backed by more than $100 million from Silicon Valley investors and AI leaders. The PAC seeks to shape U.S. artificial intelligence policy and promote American leadership relative to China. Early backers include Joe Lonsdale, Greg Brockman and his wife Anna, Perplexity, and Ron Conway. Leading the Future plans to raise additional funds and recruit more supporters in the coming weeks. Tech funding of PACs follows established Silicon Valley practices, including prior A16z contributions to crypto PACs and large donations by A16z cofounders. Company and investor statements emphasize bipartisan importance of AI and national leadership.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]