Kamala Harris' Silicon Valley allies set to raise $100M as they pitch wealthy donors: report

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Kamala Harris' Silicon Valley allies set to raise $100M as they pitch wealthy donors: report
Donald TrumpKamala HarrisVenture Capital
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Venture capitalists Reid Hoffman and Ron Conway have been lobbying for the vice president, according to a report.

Kamala Harris ’ allies in the tech industry have reportedly been lobbying behind the scenes for wealthy donors’ support since President Joe Biden bowed out of the race on Sunday — and they are on track to raise $100 million, according to a report.Now, some of the vice president’s allies are allegedly racing to get the tech community on her side in time to catch up with former President Donald Trump ’s campaign,as the Democratic nominee for President.

The co-founders and partners at venture capital firm Andreessen Horowitz – founded in 2009 and based in California – allegedly told employees in early July that they planned to make large donations to Trump PACs,Amazon bleeding billions of dollars from money-losing Alexa speakers: reportShortly after Biden announced he was backing out of the race, Hastings said “Dem delegates need to pick a swing state winner” – perhaps hinting at a call for an open convention or new Dem face.

But in March, Harris said the Biden administration does not “intend to ban TikTok” – the controversial Chinese-owned social media company that often spits out AI-generated content. that included a provision to ban the ByteDance-owned app. The ban would not go into effect until after the 2024 presidential election. Like Harris, he has ping-ponged on the matter.

Crypto and AI players have complained that Biden’s administration has focused too heavily on industry regulation and has blocked beneficial legislation.

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