Business

AI Companies Boost Lobbying Efforts

Updated 2026-07-21 16:40 UTC 2 sources Neutral

OpenAI and Anthropic increased their lobbying spending by 23% in the second quarter, outpacing legacy tech and defense companies. Analysts predict this could drive Microsoft's stock higher.

Coverage timeline — 2 articles

MarketWatch

Microsoft has 3 secret weapons that could drive its stock 50% higher, analyst says

Wall Street is misjudging Microsoft’s AI strategy, according to Morgan Stanley.

2026-07-21 16:25 UTC

CNBC

OpenAI, Anthropic boost lobbying as legacy tech and defense spending slips

The two AI developers spent a combined $3.17 million in the second quarter, up 23% from the first three months of 2026.

2026-07-21 16:30 UTC