Crypto and AI Super PACs Spend $300 Million on 2026 Primaries as Pro-Israel Groups Add $28 Million
Updated
Updated · Daily Kos · Jun 14
Crypto and AI Super PACs Spend $300 Million on 2026 Primaries as Pro-Israel Groups Add $28 Million
3 articles · Updated · Daily Kos · Jun 14
Summary
$300 million from crypto- and AI-backed Super PACs has already flowed into the 2026 cycle, targeting Democratic and Republican primary candidates seen as hostile to industry-friendly regulation.
Another $100 million has been pledged by a new Republican-aligned PAC for pro-Trump midterm candidates, extending the outside-money push beyond the primaries into November.
Pro-Israel Super PACs have spent $28 million so far, including $15 million in a high-profile Kentucky race that helped unseat Representative Thomas Massie after he pressed for tighter scrutiny of U.S. support for Israel's war in Gaza.
New York's June 23 primaries have become a key testing ground: Michael Bloomberg-backed Stand for New York is boosting Micah Lasher in the 12th District, while OpenAI and Anthropic together spent more than $12 million trying to sway that contest.
The spending surge reflects the post-Citizens United campaign system, which allowed billionaires and corporate interests to pour unlimited money through Super PACs after donors gave more than $2.6 billion in the 2024 federal election.