{"id":462130,"date":"2026-02-11T12:14:12","date_gmt":"2026-02-11T12:14:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/462130\/"},"modified":"2026-02-11T12:14:12","modified_gmt":"2026-02-11T12:14:12","slug":"how-palantir-and-ai-money-is-shaping-the-midterms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/462130\/","title":{"rendered":"How Palantir and AI money is shaping the midterms"},"content":{"rendered":"

\n \u201cHe\u2019s running from his past, while ICE is in our communities,\u201d the ad\u2019s narrator says.\n <\/p>\n

\n The target of the ad is Alex Bores, a congressional candidate in New York City who used to work for Palantir<\/a>, the tech company with long ties to defense and intelligence agencies.\n <\/p>\n

\n An image flashes of Bores\u2019 LinkedIn page. The narrator notes Palantir\u2019s work with US Immigration and Customs Enforcement, whose operations in New York City have sparked outcry on the left.\n <\/p>\n

\n \u201cICE is powered by Bores\u2019 tech. Manhattan is smarter than that,\u201d the narrator says.\n <\/p>\n

\n In a twist, the ad is backed by some of the very industry forces it condemns. The super PAC behind it is an affiliate of a new political committee, Leading The Future, launched last summer by a group of tech giants \u2013 including Palantir co-founder Joe Lonsdale \u2013 to confront a growing bipartisan backlash to artificial intelligence ahead of the midterm elections.\n <\/p>\n

\n \u201cListen, we are on the verge of something amazing for our civilization, right?\u201d Lonsdale said on CNBC in November. \u201cBut you have a lot of crazy populists, you have a patchwork of just really intense stuff they are doing that would just break all of this. And we can\u2019t let that happen.\u201d\n <\/p>\n

\n Palantir executives and leaders from OpenAI and venture capital are wading into the political fray, with more than $100 million already pledged by Leading the Future to boost candidates friendly to AI. They\u2019re also cutting big checks to congressional leaders and President Donald Trump\u2019s political network.\n <\/p>\n

\n The stakes are especially high this year. Congress is poised to craft the rules of the road for industry for the next decade or longer, and voters are growing increasingly worried about the consequences of AI development, from energy bills to privacy to job loss<\/a>. Underscoring the tension, several Democrats have been pressured to return campaign contributions from Palantir-linked donors.\n <\/p>\n

\n \u201cThe recent surge in election-related activities of big tech companies such as Palantir and OpenAI can be understood as preemptive measures against potential fallouts from the election,\u201d said Syracuse University professor Hamid Ekbia, the founding director of the Academic Alliance for AI Policy. \u201cPalantir, in specific, is in a vulnerable position because of recent revelations about its heavy involvement with ICE activities.\u201d\n <\/p>\n

\"Assemblymember<\/p>\n

\n Bores, who led one of the first major efforts to regulate artificial intelligence at the state level in New York, accused Leading The Future and its industry backers of hypocrisy.\n <\/p>\n

\n \u201cI quit their company over its ICE contract, choosing principle over my career and millions of dollars. They profited off of it, and are now using those funds to lie to New Yorkers and attack me,\u201d he said in a statement.\n <\/p>\n

\n Palantir did not respond to multiple requests for comment.\n <\/p>\n

\n Two prominent Palantir stakeholders have been active midterm donors: Peter Thiel, a co-founder and billionaire venture capitalist with close ties to Vice President JD Vance and others in the Trump administration, and the company\u2019s CEO, Alex Karp.\n <\/p>\n

\n Both Karp and Thiel gave hundreds of thousands of dollars last year to committees aligned with Republican congressional leadership, according to FEC records. Thiel\u2019s giving in 2025 signals reengagement after he largely sat out the 2024 election cycle. Karp has a more enigmatic donor history.\n <\/p>\n

\n FEC records show that in 2023, Karp gave $360,000 to the joint fundraising committee for Joe Biden and Kamala Harris. A year later, he contributed $1 million to MAGA Inc.\n <\/p>\n

\"Peter<\/p>\n

\"Alex<\/p>\n

\n Artificial intelligence has been a boon for Palantir, which has seen its market capitalization skyrocket by more than 1000% since 2022. The defense tech firm has worked to leverage AI alongside its expertise organizing data and logistics.\n <\/p>\n

\n \u201cOur rise has been, and we believe will continue to be, driven by an increasingly discerning set of companies and institutions in the United States that understand the value of artificial intelligence,\u201d Karp wrote<\/a> to shareholders this week.\n <\/p>\n

\n And he\u2019s been an outspoken advocate for AI development, framing the argument in absolutist terms.\n <\/p>\n

\n \u201cWe are going to be the dominant player, or China is going to be the dominant player, and there will just be very different rules depending on who wins,\u201d Karp said on \u201cThe Axios Show\u201d last year<\/a>. \u201cSo, when people are worried about surveillance, of course, there are huge dangers there, but you know, you will have far fewer rights if America\u2019s not in the lead.\u201d\n <\/p>\n

\n Leading the Future, the industry-funded PAC, raised more than $50 million in the second half of 2025, including $25 million from OpenAI president and co-founder Greg Brockman and his wife, Anna, as well as $25 million from the venture capital firm a16z, according to Federal Election Commission records.\n <\/p>\n

\n Jesse Hunt, a strategist working with LTF, argued that a fractured regulatory landscape is a threat to American competitiveness.\n <\/p>\n

\n The tech industry is pushing for a federal standard that would preempt state laws. Trump has voiced support for a moratorium on state regulations, signing an executive order <\/a>to do so, and Texas Republican Sen. Ted Cruz proposed legislation to that end.\n <\/p>\n

\n \u201cHow doomer do we get here and how restrictive are the policies that one is advocating for?\u201d Hunt asked. \u201cUltimately, what we don\u2019t want to do is stunt innovation and allow what is now the global leader in artificial intelligence and the innovation sector to flatline because policymakers fall prey to fringe ideology.\u201d\n <\/p>\n

\n LTF \u2013 and its opponents \u2013 expect to face off this year across New York, California, Texas, Illinois and Ohio.\n <\/p>\n

\n Countering LTF is Public First, an organization led by former Oklahoma Democratic Rep. Brad Carson and former Utah Republican Rep. Chris Stewart.\n <\/p>\n

\n The group is aiming to raise $50 million in funding and says<\/a> it will \u201cfocus on electing candidates who champion responsible tech policies that reduce harm and protect against AI\u2019s worst risks.\u201d\n <\/p>\n

\n \u201cWhat we\u2019re trying to do at Public First is, in many ways, saving AI from itself,\u201d said Carson. \u201cBecause left alone, this kind of no touch approach is going to lead to an incredible public backlash that is already brewing. People are already sharpening their pitchforks.\u201d\n <\/p>\n

\n While emphasizing that \u201cwe haven\u2019t made any formal decisions about who we\u2019re going to support or not yet,\u201d the group pointed to candidates like Bores, who sponsored the Responsible AI Safety and Education, or RAISE, Act<\/a> while serving in the New York state legislature.\n <\/p>\n

\n When it takes effect in March, the legislation will require AI companies to come up with safety protocols aimed at preventing \u201ccritical harm\u201d \u2013 such as \u201cthe creation or use of a chemical, biological, radiological or nuclear weapon,\u201d the bill states, or the conduct of a crime \u2013 and report incidents in development and operations, like data breaches or dangerous malfunctions.\n <\/p>\n

\n Gov. Kathy Hochul, who is running for reelection this year, signed it into law last year and called out AI policy challenges in her State of the State address last month.\n <\/p>\n

\n \u201cWe will not allow technology to undermine our infrastructure, and we won\u2019t let it undermine our democracy either,\u201d Hochul said.\n <\/p>\n

\"New<\/p>\n

\n A Gallup survey last year found that 80% of Americans believe the government should maintain rules for AI safety and data security, \u201ceven if it means developing AI capabilities more slowly.\u201d And there are bipartisan concerns about AI data centers driving up utility bills along with potential job losses and industry disruptions.\n <\/p>\n

\n And a loose and politically broad coalition, from Florida Gov. Ron DeSantis to former Trump strategist Steve Bannon, both Republicans, to independent Vermont Sen. Bernie Sanders, is determined to preserve states\u2019 rights to make their own rules.\n <\/p>\n

\n \u201cLet\u2019s not try to act like some type of fake videos or fake songs are going to deliver us to some kind of utopia,\u201d DeSantis said at a December event in Sebring, Florida, touting his proposal for state legislation \u2013 a \u201cCitizen Bill of Rights for AI\u201d \u2013 providing privacy protections, national security restrictions, and regulations for data center construction.\n <\/p>\n

\n Long controversial with liberals, Palantir is already coming up in midterm debates.\n <\/p>\n

\n Rep. Raja Krishnamoorthi, the front-runner in the Illinois Senate Democratic primary, was challenged in a recent primary debate for his history of campaign contributions from Palantir Chief Technology Officer Shyam Sankar, totaling just over $29,000 since 2015, including $7,000 last year.\n <\/p>\n

\n \u201cYou already demonstrated that you\u2019re not going to show up when it matters \u2013 to take money from one of the ICE contractors, the Chief Technology Officer of Palantir, and that funds your campaign, that demonstrates that that\u2019s not what\u2019s your priority,\u201d said Illinois Lt. Gov. Juliana Stratton, one of Krishnamoorthi\u2019s rivals.\n <\/p>\n

\n \u201cAs for the donation that I received from a Palantir exec, when it came to my attention, we donated it to Illinois migrant rights groups,\u201d Krishnamoorthi responded.\n <\/p>\n

\n Other Democrats are also returning campaign contributions from Palantir as public scrutiny grows \u2013 including an online tracker highlighting top recipients<\/a> of political donations linked to the company.\n <\/p>\n

\n In Colorado, where Palantir is headquartered, Sen. John Hickenlooper and Rep. Jason Crow both announced this week that, like Krishnamoorthi, they\u2019d give tens of thousands of dollars to immigrant rights groups to offset years of donations from Palantir employees, after the Colorado Sun<\/a> made multiple inquiries about their fundraising records.\n <\/p>\n

\n The company\u2019s lightning-rod status also reflects broader concerns about artificial intelligence and its consequences.\n <\/p>\n

\"Signage<\/p>\n

\n \u201cI have yet to see AI solve cancer, and I would love to see it right now,\u201d said Reed Showalter, a Democratic antitrust attorney running in Illinois\u2019 7th District. \u201cThe consequences have largely been increased costs for electricity and water and a medium-term decrease in employment and wages for the people in both the district, the state, and the country.\u201d\n <\/p>\n

\n Stewart, the former Utah Republican congressman with Public First, acknowledged the difficulty policymakers face grappling with a poorly understood and rapidly developing technology.\n <\/p>\n

\n \u201cAll of us are trying to develop, you know, more thoughtful answers on this, because this is such a new issue,\u201d Stewart said, adding that \u201cit\u2019s not a partisan issue right now, and I hope it doesn\u2019t become a partisan issue.\u201d\n <\/p>\n

\n He urged candidates to take voters\u2019 concerns seriously and offer specific solutions on how to deal with AI\u2019s immediate effects.\n <\/p>\n

\n \u201cIn all my 12 years in Congress, I don\u2019t remember ever having a conversation with someone about electrical bills, right? And it\u2019s gonna come up,\u201d he said. \u201cAnd they\u2019ve got to be prepared to, you know, not just kind of shrug and say, \u2018yeah, it\u2019s a problem.\u2019 We\u2019ve got to be prepared to say, \u2018this is what we think we should do.\u2019\u201d\n <\/p>\n","protected":false},"excerpt":{"rendered":"\u201cHe\u2019s running from his past, while ICE is in our communities,\u201d the ad\u2019s narrator says. The target of…\n","protected":false},"author":2,"featured_media":462131,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,74],"class_list":{"0":"post-462130","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/462130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=462130"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/462130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/462131"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=462130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=462130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=462130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}