Isford: NYC captured 20% of AI VC funding, second to SF's 40%
Grace Isford · Computer Science is 'So Hot Right Now' | Grace Isford, Lux Capital · Sourcery with Molly O'Shea · Aug 23, 2024 · at 28:07
Grace Isford (Partner at Lux Capital) discusses the distribution of AI venture capital funding across major US tech hubs.
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“SF has an amazing density of talent and it's a great hub. But New York is a clear second, and it's growing in momentum. And we're seeing that again in the numbers, right? So as if I had a lion's share of AI venture capital of like 40%, I think it was over the last year, according to PitchBook, New York is clearly second. They have 20%. That's more than anyone else.”
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