"Billionaires, tech titans and their opponents are amassing multimillion-dollar war chests for a chaotic, bruising battle over AI regulation ahead of the 2026 midterm elections.
Opponents of state-level regulation fear a patchwork of laws will slow America’s progress in the artificial-intelligence arms race with China. They argue that the U.S. must spend trillions of dollars and build quickly in the coming years to maintain supremacy."