Nvidia's CEO Jensen Huang highlights the significant impact of AI on San Francisco's technology sector, suggesting that it has spurred a resurgence in the city following a notable exodus during the pandemic. Many tech companies and professionals left San Francisco in search of remote working opportunities, yet since the emergence of AI technologies like ChatGPT, new AI firms have taken root, occupying millions of square feet of office space. This development not only rejuvenates the local economy but also draws significant venture capital investment into AI startups.
In recent years, AI companies have rented out more than 1.7 million square feet of office space, which has helped breathe life back into San Francisco's tech sector.
It's because of AI that San Francisco is back... Just about everybody evacuated San Francisco. Now it's thriving again. It's all because of AI.
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