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Silicon Valley donations make Colorado Democratic primary one of state’s most expensive

Silicon Valley donations make Colorado Democratic primary one of state’s most expensive

Summary

Political groups funded by top tech leaders are spending millions in a Colorado Democratic primary race. Manny Rutinel, a progressive candidate, has received large donations from committees linked to former Google CEO Eric Schmidt and crypto billionaire Chris Larsen.

Key Facts

  • Manny Rutinel is running in Colorado’s 8th congressional district Democratic primary.
  • His campaign received over $2 million from groups led by Eric Schmidt and Chris Larsen.
  • Schmidt and his wife donated $2 million to Somos Pac, which supports Latino voters; Somos Pac then gave $1.3 million to Rutinel.
  • Chris Larsen’s group, You Can Push Back, donated nearly $1 million to Rutinel’s campaign.
  • Rutinel is a progressive focusing on affordability and immigration policy, emphasizing his Latino heritage.
  • He supports regulating artificial intelligence (AI) but has not publicly discussed tech issues much.
  • Rutinel’s campaign also received over $265,000 from employees of major AI and tech companies like Anthropic, OpenAI, Google, and Meta.
  • This race highlights a divide among tech donors between those wanting strict AI rules and those seeking less regulation.
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