U.S. companies have directed a record $517 million into House and Senate races over the 15 months through the first quarter, already surpassing the $461 million spent across the full 2024 cycle with months still left before the November 3 midterms. Crypto, technology and online gaming account for at least $294 million of that total, routed largely through super PACs and dark-money vehicles. Fairshake, the crypto super PAC backed by Coinbase, Ripple and Andreessen Horowitz, began 2026 with $193 million and still held about $130 million; the group helped unseat former Senate Banking Chair Sherrod Brown in 2024 and remains a template other sectors are copying. AI-linked groups have scaled rapidly, with Leading the Future raising $140 million and Anthropic channeling at least $40 million through Public First Action, while OpenAI- and Anthropic-linked spending topped $23 million in a single New York primary fight. DraftKings, FanDuel, Fanatics and bet365 have together contributed more than $72 million, ranking sports betting as the third-largest corporate donor industry. AdImpact projects $11.6 billion in overall midterm political advertising, and wealthy individuals including Elon Musk and Sergey Brin have added tens of millions more as watchdogs warn concentrated industry money is crowding out pocketbook issues.