Tech giants are spending more than ever to shape California politics. See how much
Tech giants are spending more than ever to shape California politics. See how much
https://calmatters.org/politics/2026/03/meta-google-ai-regulation-elections/
Publish Date: 2026-03-27 08:00:00
Source Domain: calmatters.org
- California-based companies focused on artificial intelligence and cryptocurrency invested over $39 million in state political influence in 2025 to sway legislative processes.
- Meta, a major tech giant with $201 billion in revenue last year, transferred $20 million to a new political committee aimed at supporting candidates favoring fewer AI regulations.
- Tech companies’ expenditures on political campaigns, lobbying efforts, and nonprofit donations are criticized for fostering an environment where these companies exert disproportionate influence over state politics.
- Meta spent an additional $4.6 million on lobbying state officials in California, showcasing a significant increase in its efforts to oppose AI regulations and shape policy discussions.
- This increased spending by tech companies highlights the growing influence of the industry in California’s political landscape, as they actively seek to align state policies with their corporate interests.