Oct. 12: this post's tally of members invested, and total dollar ranges, have been increased after discovery of more AI assets in senators' financial disclosures.
As Congress faces growing pressure to regulate artificial intelligence, roughly one in five lawmakers’ households has investments in companies developing AI and supplying the infrastructure behind it, according to a Sludge analysis of congressional financial disclosures.
At least 117 members of Congress have disclosed that they, their spouse, or their dependent children hold stocks or other investments in AI developers, chipmakers, cloud infrastructure providers, data center companies, and specialized AI firms, with a total value of between $92.7 million and $351.6 million.
Most of the money is invested in large tech companies like Nvidia, Meta, and Alphabet. But lawmakers also report their households holding and trading shares in smaller publicly traded AI companies like BigBear.ai, Tempus AI, and C3 AI, as well as little-known private startups whose shares are unavailable to ordinary investors. Of the lawmakers reporting investments, at least 44 sit on committees with jurisdiction over legislation dealing with AI safety, consumer protections, semiconductor policy, and trade with China.
