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Crypto and AI super PACs spent $250M in midterms but lost most competitive races

Crypto and AI super PACs spent $250 million in the 2026 midterms, including $79 million from AI-focused groups, but lost 9 of 12 competitive races called so far, backing losing candidates with $74.7 million versus $28.3 million on winners.

Read the full story at Techmeme ↗

Timeline · 2 reports

  1. 2026-11-04 16:49 · Fortune AI
    Here's how the candidates backed by AI super PACs fared
  2. 2026-11-04 15:15 · Techmeme
    Crypto and AI super PACs spent $250M in 2026 midterms, but lost 9/12 competitive races called so far, spending $74.7M on losing candidates and $28.3M on winners

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