If you think the shrinking office footprint of Bay Area tech giants means San Francisco has lost its status as the leading global tech hub, think again.
The dawning of the age of generative artificial intelligence has sparked another California gold rush. VC players who closed their spigots in H2 2022 now are racing to fund AI startups.
Since the beginning of the year, an estimated $20B in venture capital has poured into AI-focused startups globally, according to Crunchbase data, with the lion's share—more than $14B—going to companies in the Bay Area.
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