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Crypto and AI's $250 million election bets fall short

Original: Crypto and AI’s $250 million election goes sideways

Crypto and AI industries poured roughly $250 million into US election campaigns, but the biggest bets lost almost across the board, according to reporting by Citation Needed. The results suggest that massive tech-industry spending failed to secure victories for favoured candidates, raising questions about the effectiveness of such political investment.

Why now: The unexpectedly poor return on huge industry campaign spending is drawing attention after election results went against the industries' favoured candidates.

crypto industryAI industryUS elections

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