"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 is establishing a California-focused political action committee named Mobilizing Economic Transformation Across (Meta) California to back state-level candidates who favor lighter regulation of technology, particularly artificial intelligence. The super PAC will support candidates from either party who advocate AI innovation over stringent rules. Meta plans to spend tens of millions of dollars through the PAC, which could position the company among California's top political spenders ahead of the 2026 governor race. Meta did not immediately respond to requests for comment, and independent verification of the information was not available. The early-rate deadline for Fast Company's Most Innovative Companies Awards is September 5 at 11:59 p.m. PT.
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