Meta Platforms, Inc., the parent company of Facebook and Instagram, is launching a new political action committee to back candidates in California who support pro-artificial intelligence policies and oppose strict regulation.
"As home to many of the world's leading AI companies, California’s innovation economy has an outsized impact on America’s economic growth, job creation, and global competitiveness. But Sacramento’s regulatory environment could stifle innovation, block AI progress, and put California’s technology leadership at risk," a Meta spokesperson told Fox News Digital.
The new California Super PAC, Mobilizing Economic Transformation Across (Meta) California, is dedicated to "backing candidates regardless of party who recognize California’s vital role in AI development and embrace policies that will keep the state at the forefront of the global tech ecosystem," the spokesperson added.
