The US Capitol during rain in Washington, DC, US on Wednesday, March 4, 2026.
Graeme Sloane Bloomberg | getty images
Funding from AI groups is becoming a flashpoint in the 2026 midterm elections, as a major political action committee launching a 2025 campaign with the support of AI companies has announced its latest fundraising.
super pac future leadership It will announce Wednesday that it has raised $15 million across all its entities in the first quarter of 2026, bringing the group’s total raising for the 2026 election season to $140 million. The group’s backers include venture capital firm Andreessen Horowitz, OpenAI co-founder Greg Brockman. palantir Co-founder Joe Lonsdale, SV Angel founder Ron Conway and AI software company Perplexity.
The group has endorsed candidates from both parties in the midterms. It also recently endorsed five House Democrats: Representatives Josh Gottheimer (D-N.J.), Sam Liccardo (D-Calif.), Yvette Clarke (D-N.Y.), Suhas Subramaniam (D-Va.) and Jimmy Gomez (D-Calif.).
but led by a coalition of groups Tech Oversight ProjectAn advocacy group that wants to break up big tech companies is pressuring the same Democrats to denounce the group that’s supporting them.
It sent a letter, obtained exclusively by CNBC, to five MPs who were supported by Leading the Future asking them to “reject” Leading the Future. These letters were sent late Tuesday night Signed by a coalition of groups Focused on children, social media, and progressive causes.
“LTF and super PACs like them have emerged as well-funded mouthpieces of the Big Tech AI industry, seeking to whitewash their role in rising energy prices, Trump’s executive overreach, and deadly harm to children and teens,” the Tech Oversight Project and other groups said in the letter.
It’s unclear whether those five members received donations from Leading the Future, as the group’s full first-quarter filings have not yet been made public.
