newsfilter
← Latest News
TechCrunch·

From the front row to the hot seat — what the midterms mean for Big Tech

Summary

  • OpenAI hired Jessica Schumer, daughter of Democratic Sen. Chuck Schumer, shortly before the midterm elections.
  • OpenAI announced it will refer to its data centers as "compute campuses."
  • Silicon Valley companies previously strengthened ties with President Donald Trump through White House attendance, scaling back diversity programs, donating to super PACs, & benefiting from tax breaks & looser AI regulation.
  • Tech firms are now rebuilding relationships with Democrats who have pledged to tighten AI oversight.
  • Public Citizen director J.B. Branch characterized recent corporate moves as "PR washing" & predicted more private-public partnerships.
  • Meta President Dina Powell McCormick stated companies must work with the elected government & remain bipartisan to gain buy-in.
  • Data & Society director Alice Marwick expressed skepticism that tech companies can pivot back to the political center effectively.
  • Democrats may push for AI regulation focused on electricity bills, data center siting, & jobs rather than abstract safety concerns.
  • State-level action is expected to drive AI regulation, with states already suing tech companies & passing laws on chatbots & deepfakes.
  • The Trump administration created the AI Litigation Task Force to challenge state AI laws & argued for innovation without cumbersome regulations.
  • A White House official stated President Trump is committed to American leadership in super intelligence while protecting consumers.
  • Public Citizen director J.B. Branch warned of a potential AI bubble pop that could impact President Trump's political standing.
  • Baraza founder Aryan Ranjan noted that AI rules for companies may depend more on location than federal legislation for the next two years.

After spending two years getting cozy with the White House, Big Tech is suddenly trying to make friends with Democrats, and the open question is whether that image makeover can hold up against what states, local communities, and the markets are about to do.

Keywords
TC,Government & Policy,AI