Filings: Meta reduced its $65M midterms budget by $25M through refunds, primarily from a super PAC it launched in 2025 with $45M to fight state AI bills (Theodore Schleifer/New York Times)

Meta reduced its $65 million midterms budget by $25 million through refunds, primarily from a super PAC it launched in 2025 with $45 million to fight state AI bills. The company had outlined a $65 million budget last year when it embarked on an effort to elect state politicians friendly to the A.I. industry.