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AI startups ramp up federal lobbying efforts | TechCrunch

Aug 01, 2024 - news.bensbites.com
AI lobbying at the U.S. federal level is intensifying amid a generative AI boom and an election year that could impact future AI regulation. The number of groups lobbying the federal government on AI-related issues increased from 459 in 2023 to 556 in the first half of 2024. Top AI startups, including OpenAI and Anthropic, have significantly increased their lobbying expenditures. OpenAI spent $800,000 in the first six months of 2024, up from $260,000 in 2023, and grew its team of outside lobbyists from three to around 15. Anthropic is set to spend half a million dollars on lobbying over the next few months.

The increase in lobbying efforts comes as the U.S. Commerce Department released a report advocating for the release of new generative AI models but recommended government monitoring for risks. The absence of federal AI legislation has led to nearly 400 state-level AI laws being proposed this year. OpenAI has become more vocal about its preferred AI laws and rules, supporting Senate bills that would establish a federal rulemaking body for AI and provide federal scholarships for AI R&D. Meanwhile, AI vendors like OpenAI face potential antitrust cases from U.S. regulators, including the Department of Justice and the Federal Trade Commission.

Key takeaways:

  • AI lobbying at the U.S. federal level is increasing, with the number of groups lobbying on AI-related issues growing from 459 in 2023 to 556 in the first half of 2024, according to OpenSecrets data.
  • OpenAI has significantly increased its lobbying expenditures, spending $800,000 in the first six months of 2024 compared to $260,000 in all of 2023, and has grown its team of outside lobbyists from three to around 15.
  • Other AI companies, including Anthropic and Cohere, are also investing heavily in lobbying, with Anthropic on track to spend half a million dollars on lobbying over the next few months and Cohere increasing its spend to $120,000 in the first half of 2024.
  • As the November election approaches, AI vendors including OpenAI are facing potential antitrust cases from U.S. regulators such as the Department of Justice and the Federal Trade Commission.
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