The Biggest Pro-AI Super PAC Network Didn’t Really Impact the Midterms

Wired · Tess Owen ·

Leading the Future, backed by Silicon Valley’s biggest billionaires, had a war chest of $100 million and an aggressive stance against AI regulation. All of it didn’t add up to much on Tuesday night.

Leading the Future, the biggest pro-AI super PAC network, is walking away from the midterm elections with just over $20 million still in the bank and a roster of dozens of successful congressional candidates from both sides of the aisle.

At first glance, that looks like a win. The details tell another story, though. The donations went overwhelmingly to safe candidates, and the results in the small handful of riskier races that Leading the Future got involved with indicate that its plans to shape the election fell flat.

When Leading the Future entered the scene in August 2025 vowing to “oppose policies that stifle innovation," it had a war chest of around $100 million thanks to some of Silicon Valley’s biggest tech billionaires—including Andreessen Horowitz, Palantir cofounder Joe Lonsdale, and OpenAI’s Greg Brockman—and was led by major political strategists.

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