Posted 4/12/2024, 5:00:00 PM
New Jersey Woos San Francisco AI Companies with Billboards and Incentives, But Tech Community Doubts Exodus
- A billboard in San Francisco boasts that New Jersey is "the next home of AI", trying to lure companies away from the Bay Area
- The nonprofit Choose New Jersey touts NJ's large talent pool, affordable housing, and financial incentives for AI companies
- NJ Governor Phil Murphy is also pitching Silicon Valley companies to move to New Jersey
- But SF's AI community is skeptical, citing SF's unmatched ecosystem and 4x higher AI market cap than anywhere else
- San Francisco Mayor London Breed seemingly unworried, says NJ's billboard just proves SF is the world leader in AI