Tech and AI companies are spending unprecedented sums on 2026 election races — over $400 million combined — and a researcher who tracked cryptocurrency influence in prior cycles is launching an expanded tool to monitor this spending in real time. Multiple outlets confirm AI-backed super PACs have sent most of their endorsed candidates to general elections, though the exact spending figures vary by source and category. The broader pattern is verified: billionaire-funded super PACs and tech industry groups are engaging in what the Guardian calls an 'existential fight for political power,' raising concerns about corporate influence on policy for data centers, AI regulation, and tax policy.