The midterms weren’t the rebuke of AI money many expected

The midterms are shaping up to be a record-breaking election for Democrats, who have flipped states including South Carolina and Texas. But the election has also shattered records for private political spending. By some estimates, super PAC spending exceeded $2 billion this cycle, more than 50% above previous election cycles. One of the dominant narratives heading into the midterms was that Big Tech—and the artificial intelligence sector in particular—would spend hundreds of millions of dolla...