The Financial Times reported that crypto and AI political action committees raised more than $250 million ahead of the U.S. midterm elections. Fairshake held $191 million in cash, while AI-focused Leading the Future held $39 million, indicating that both sectors have built substantial war chests for congressional races. The report also noted limits to industry spending, citing an Illinois primary in March where more than $10 million in opposition funding did not guarantee the preferred outcome.