Billionaire Chris Larsen Plans to Spend $3.5 Million in NY House Race Amid Midterm Clash Over A.I.

Billionaire Chris Larsen Plans to Spend $3.5 Million in NY House Race Amid Midterm Clash Over A.I.

The New York Times nation

Key Points:

  • Tech billionaire Chris Larsen plans to spend $3.5 million to support Alex Bores, a New York state assemblyman and co-author of A.I. regulation legislation, in a contentious congressional primary race.
  • Bores is facing a barrage of attack ads from a super PAC linked to OpenAI, which opposes state-level A.I. regulations like those Bores helped enact.
  • Larsen criticized OpenAI's aligned super PAC for attempting to intimidate and "crush" proponents of clear A.I. guardrails, calling their tactics "despicable."
  • The primary race has become one of the most expensive Democratic contests and a proxy battle over the future regulation and control of the artificial intelligence industry.
  • Larsen aims to counterbalance industry-aligned forces by financially backing candidates who support stricter A.I. regulations, emphasizing the need for clear guardrails.

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