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Silicon Valley Launches Pro-AI PACs

By James Rundle

 

Good day. Silicon Valley is flexing its financial muscles ahead of the U.S. midterm elections, deploying more than $100 million into political-action committees and organizations to advocate against strict artificial-intelligence regulations.

Venture-capital firm Andreessen Horowitz and OpenAI President Greg Brockman are among those helping launch and fund Leading the Future, a new super-PAC network focused on AI, the group told The Wall Street Journal.

The group’s launch coincides with concerns about the U.S. staying ahead of China in the AI race, while Washington has largely shied away from tackling AI policies. Many tech executives worry that Congress won’t pass AI rules, creating a patchwork of state laws that hurt their companies.

Earlier this year, a push by some Republicans to ban state AI bills for 10 years was shot down after opposition from other conservatives who opposed a blanket prohibition on any state AI legislation.

Read our full story here.

More Cyber News

  • FTC chief warns on privacy laws.
  • Farmers third-party breach.
  • Wyden pushes for U.S. courts cyber review.
 
 

 

 

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Cyberattacks

PHOTO: JENNY KANE/ASSOCIATED PRESS

Wyden Urges Cybersecurity Review of Federal Courts. Sen. Ron Wyden (D., Ore.) called on Chief Justice John Roberts to commission an independent cybersecurity review of the federal judiciary, accusing the courts of "incompetence" and negligence after a major hack exposed sealed case data. Wyden warned that longstanding vulnerabilities and opaque practices pose serious national security risks. (CyberScoop)

PHOTO: MARIO TAMA/GETTY IMAGES

Farmers Customers Affected by Third-Party Breach. More than 1 million customers of Farmers Insurance and its affiliates had personal data, including names, birth dates, driver’s license numbers and partial Social Security numbers, stolen in a cyberattack on a third‑party vendor. Victims of the incident, discovered on May 30, are being offered two years of identity‑theft protection. (The Record)

Maryland Cybersecurity Incident Affects Mobility Services. The Maryland Transit Administration said a cybersecurity incident disrupted real‑time tracking and scheduling for its Mobility paratransit service, though bus, subway and light‑rail systems remain operational. New trip bookings are unavailable, but existing trips this week will be honored while the MTA investigates with cybersecurity experts. (WBAL-TV11)

Restoration Begins After Glens Falls Cyberattack. Glens Falls, N.Y. city officials are restoring systems following a cybersecurity incident detected last week. The city's third‑party IT provider quickly identified and contained the breach, and recovery efforts are now under way. (ABC News 10)

 
 

 

 

Privacy

PHOTO: MICHAEL BROCKSTEIN/ZUMA PRESS

FTC Chair Warns Tech Firms on Privacy Laws. Trade Commission Chair Andrew  Ferguson cautioned Apple, Alphabet, and other tech firms that aligning with EU and U.K. laws might violate U.S. law if it weakens American users' privacy or data security. He urged a meeting with several tech leaders to discuss balancing foreign regulatory compliance with U.S. protections. (Insurance Journal)

 

About Us

The WSJ Pro Cybersecurity team is Deputy Editor Kim S. Nash, reporter Angus Loten, reporter James Rundle and reporter Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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