OpenAI, Anthropic, and Nvidia report record lobbying spending
Original titleOpenAI, Anthropic, and Nvidia had record lobbying quarters
- Outlet
- The Verge AI
- Published
- Importance
- 2/5
Summary
Nvidia, Anthropic, and OpenAI each set records for quarterly lobbying spending in the July-September period, at $2.2 million, $2.1 million, and $1.5 million respectively, according to federal disclosures. The increase reflects the three firms' focus on shaping AI policy.
Original excerpt
It was a busy summer for AI lobbyists. Anthropic, OpenAI, and Nvidia each had their highest-spending lobbying quarter between July and September, federal disclosures show. Nvidia spent the most of the group at $2.2 million, followed by Anthropic's $2.1 million and OpenAI's $1.5 million. Compared to other Big Tech companies with long-established presences in Washington, the sums aren't out of the ordinary. Microsoft, for example, has spent at least $2 million a quarter going back to 2021, and Google regularly spends over $3 million, including this quarter. But it's a clear signal that the three AI firms recognize how important shaping policy … Read the full story at The Verge.