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Technology News

  • NYC and Silicon Alley poised to lead the AI boom, investors say
    January 23, 2026, 7:26 AM EST. Investors remain bullish on New York City's AI potential, echoing a 30-year arc for Silicon Alley. The city is seen as uniquely positioned to ride the AI wave thanks to its mix of industries-from fashion and life sciences to finance and media. Tech leaders, including Julie Samuels of Tech:NYC and Betaworks founder John Borthwick, say AI lowers barriers for entrepreneurship and invites big firms to compete with Silicon Valley. OpenAI's Sam Altman, and investor Kevin Ryan, frame New York as a place where smart people and accessible capital can fuel billion-dollar ventures. NYC has drawn far more venture capital funding than rivals like Miami; office demand remains resilient as firms extend footprints. Observers note a broader ecosystem advantage despite lingering remote-work pressures.