Company Directory - Datavault AI Inc.
Company Details - Datavault AI Inc.
Datavault AI Inc.
WebsiteDatavault AI Inc. specializes in artificial intelligence and data management solutions.
CCI Score
CCI Score: Datavault AI Inc.
-11.41
0.01%
Latest Event
Datavault Lobbying Expenditure
According to OpenSecrets, Datavault Holdings spent $50,000 on lobbying efforts in 2023. This expenditure raises concerns about corporate influence in policymaking, reflecting potential efforts to sway political decisions in favor of business interests.
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ENABLER
Datavault AI Inc. is currently rated as an Enabler.
Latest Events
- DEC312023
According to OpenSecrets, Datavault Holdings spent $50,000 on lobbying efforts in 2023. This expenditure raises concerns about corporate influence in policymaking, reflecting potential efforts to sway political decisions in favor of business interests.
-30
Political Contributions and Lobbying Efforts
March 29
The reported lobbying expenditure of $50,000 indicates that the firm is actively engaging in political lobbying. From an anti-fascist perspective, such lobbying efforts can serve to entrench corporate interests in political decision-making, potentially undermining democratic processes and accountability. Even though the expenditure is modest in comparison to larger sums in corporate politics, it still contributes to a worrying pattern of corporate political influence.
- JAN012023
According to OpenSecrets, Datavault Holdings spent $50,000 on lobbying in 2023, indicating the company’s active engagement in influencing political processes.
-30
Political Contributions and Lobbying Efforts
March 29
The reported $50,000 spent on lobbying suggests that Datavault Holdings is investing in political influence. From an anti-fascist perspective, the use of corporate funds to affect policy can prioritize corporate interests over democratic accountability, raising concerns regarding undue political influence.
- DEC222022
The Federal Election Commission unanimously approved advisory opinions for Datavault® technology, endorsing its use in federal political campaigns. The approval highlights the platform’s role in enabling blockchain-based transparency, privacy protection, and interactive campaign finance tools for a broad range of political actors.
+50
Public and Political Behavior
March 29
The FEC's unanimous approval signifies strong regulatory backing and transparent engagement with political processes. This endorsement supports democratic practices by ensuring that the technology complies with federal campaign finance rules, thereby enhancing accountability and integrity in political campaigns.
+40
Technology and Services Impact
March 29
Datavault’s blockchain-powered platform introduces a transparent audit trail and privacy-protecting features that bolster democratic campaign practices. This technological innovation supports fairer political processes by modernizing fundraising and campaign communication methods.
- DEC152022
The FEC issued an advisory opinion permitting DataVault Holdings to use nonfungible tokens (NFTs) as campaign souvenirs for political fundraising. DataVault will receive reasonable compensation for each NFT issued and track the tokens as part of its records, thereby engaging in a novel form of corporate political activity.
-40
Public and Political Behavior
March 29
DataVault's use of NFTs as a vehicle for political fundraising extends corporate influence into electoral processes. While the FEC advisory opinion deems the practice permissible, the move merges business operations with political engagement, a trend that raises concerns about increasing corporate power over political campaigns and democratic transparency.
US election agency approves use of NFTs as campaign fundraising incentive - Cointelegraph
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