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New York overtakes San Francisco as america's top tech talent hub. New York has overtaken San Francisco as the US's largest tech talent market, driven by AI growth, expanding companies, and diverse industries, while mixed stock movements highlight changing technology-sector dynamics. Published on: 23 Sep 2026, 12:45 pm Updated on: 23 Sep 2026, 12:45 pm New York City has overtaken the San Francisco Bay Area as the largest tech talent market in the United States, driven by rapid growth in AI companies and the workforce supporting them. From 2022 to 2025, New York's tech workforce grew by over 30,000 workers. During the same period, San Francisco's tech workforce shrank by nearly 24,000 workers. The shift reflects New York's expanding role in the technology sector, supported by its diverse industries and proximity to customers. These factors have made the city an increasingly attractive hub for AI firms. AI firms expand in New York. EliseAI, an AI company, recently expanded its New York headquarters, highlighting the city's growing importance in the sector. AI is also reshaping work. While automation is taking over repetitive tasks, it is creating new roles in areas such as housing and healthcare. The changes are being felt across industries as companies adopt AI to improve operations and serve customers. Despite New York's growth, San Francisco remains a major technology center. The Bay Area continues to have a high concentration of tech workers and remains an important base for technology companies. US tech stocks show mixed movement. For readers tracking technology-sector stocks, Pluang's market snapshot as of September 23, 2026, at 19:52 WIB showed a mixed performance. Of 150 priced US tech stocks, 71 rose, and 72 fell. Notable movers included AppLovin Corporation, ticker APP. Its stock stood at USD 318.00, down 3.26% over one day. Pluang order activity for the stock was 20% Sell and 80% Buy. Expensify Inc., or EXFY, was priced at USD 2.42 and gained 2.98%. Its Pluang order activity showed 96% Sell and 4% Buy. Gartner Inc, traded under the ticker IT, rose 2.94% to USD 184.00. Order activity for Gartner was balanced, with 50% Sell and 50% Buy. The contrasting movements in the technology market come as New York strengthens its position as the leading US tech talent market, while San Francisco continues to retain a significant concentration of technology workers.

New York overtakes San Francisco Bay Area as largest US tech talent market by workforce size. New York has overtaken the San Francisco Bay Area as the nation's largest tech talent market by workforce size for the first time, as the artificial intelligence boom helps reshape where technology companies are hiring and expanding. CBRE's 2026 Scoring Tech Talent report found that New York's tech workforce grew by 30,640 workers between 2022 and 2025 to 394,300, while the San Francisco Bay Area's tech workforce shrank by 23,900 to 375,730. Fran Loftus, chief experience officer at New York-based EliseAI, told FOX Business that the numbers reflect what her company is seeing on the ground. "I definitely think New York has become a major AI hub," Loftus said. META'S MUSE BECOMES APP STORE'S HOTTEST DOWNLOAD "Walking down Fifth Avenue, seeing so many other AI companies, it's clear that there is a concentration of great AI technical talent here, which is exactly why we've grown our New York footprint." But why has New York become an AI hub? Loftus explained that being in New York puts the company close to both its customers and the people using its products, while the city's broad mix of industries gives AI companies access to workers with different types of experience. EliseAI, a New York City-based AI startup that automates workflows for housing and health care operators, recently moved into a new 109,000-square-foot headquarters in the former Tiffany & Co. building on Fifth Avenue, joining several other AI and tech tenants on the block. TRUMP REBRANDS AI, REJECTS 'GLOBALIST SCHEME' TO CONTROL TECH "New York's strength is its diversity of industries, which is amazing for us to pull from as a fast-growing company in AI," Loftus said, adding that the city is "a great place for AI catalysts." As AI becomes more prevalent across the economy, Loftus acknowledged that the technology is changing jobs. "You can say it replaces some, it creates others," she said. But she argued that in housing and health care, AI can automate repetitive or administrative work while employees move toward more complex responsibilities. "Generally, the organization structure is just changing to now give a lot of this work to AI and up-level the responsibilities of the teams that are managing these workflows today," Loftus said. CALIFORNIA ENTREPRENEUR WARNS BILLIONAIRE WEALTH TAX COULD TRIGGER 'GIANT SUCKING SOUND' OF BUSINESS EXITS When asked about growing concerns surrounding AI, Loftus said its real-world applications are key to evaluating the technology's impact. "I think when you're looking at the application of AI, and EliseAI in particular's application of AI, I think it's pretty clear that this growth is sustainable and the impact is positive to the end user, the renter or the patient," she said. For young professionals entering the workforce or looking to break into the tech industry, Loftus said they should take advantage of the AI boom. "There's a ton of opportunity," she said. "I think that the role opportunities for folks that are very entrepreneurial are massive in AI organizations like ours," she continued. NVIDIA'S JENSEN HUANG REJECTS AI DOOMSDAY FEARS: '2030 IS NOT GOING TO BE THE END OF THE WORLD' Loftus argued that as AI changes jobs in industries such as health care and housing, automating repetitive work could make some career paths more attractive. EliseAI itself is hiring across several markets, including New York, San Francisco, Boston, Chicago, Austin and Toronto, according to Loftus. She also said EliseAI recently surpassed $200 million in revenue and has doubled its revenue every year for the past five years, adding that its AI agents now support roughly one in six U.S. apartment units. While New York has become the largest tech talent market by total workforce, the San Francisco Bay Area remains a major technology center. According to CBRE, tech workers account for more than 10% of overall employment in the San Francisco Bay Area, putting it among North America's most tech-concentrated labor markets. Loftus also said EliseAI is expanding in San Francisco, even as New York remains its largest office.

New York has overtaken the San Francisco Bay Area as the largest US tech talent market by workforce size, driven by growth in artificial intelligence companies. According to CBRE's 2026 Scoring Tech Talent report, New York's tech workforce grew by 30,640 workers between 2022 and 2025 to reach 394,300, whilst the Bay Area's tech workforce shrank by 23,900 to 375,730. Fran Loftus, chief experience officer at New York-based AI startup EliseAI, said the city has become a major AI hub. EliseAI recently surpassed $200 million in revenue and has doubled its revenue annually for the past five years. The company recently moved into a new 109,000-square-foot headquarters in the former Tiffany & Co. building on Fifth Avenue.