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A tale of two tech cities

A tale of two tech cities


Published on 2025-03-12 15:24:37 - Politico
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  • San Francisco is the AI capital, but San Jose has plans
  • and cash
  • to make its downtown a soft landing spot for startups.

The article from POLITICO's California Playbook PM discusses the contrasting fortunes of San Francisco and Los Angeles in the tech industry. San Francisco, once the epicenter of tech innovation, is facing challenges with tech companies like X Corp (formerly Twitter) and Salesforce reducing their physical presence, leading to a decline in the city's tech hub status. Conversely, Los Angeles is experiencing a tech boom, with companies like Snap and Amazon expanding their operations there, and the city becoming a magnet for tech talent and startups. This shift is attributed to LA's growing tech ecosystem, lower costs, and a more diverse economic base, which includes entertainment and aerospace, providing a fertile ground for tech growth. The article highlights how these dynamics are reshaping the tech landscape in California, with LA potentially overtaking San Francisco as the new tech capital.

Read the Full Politico Article at:
[ https://www.politico.com/newsletters/california-playbook-pm/2025/03/12/a-tale-of-two-tech-cities-00226890 ]