San Jose developing new business incentives for AI

AI is currently the future of tech, there is no way around it. San Jose has declared its intentions to become a hub for AI, including turning Downtown San Jose into an incubator for AI startups. However, now our city seems to be taking a further step and planning business incentives for AI companies as part of the initial budgeting sessions of the year. It's still too early to know what form these would take or how much would be available, but the goal is officially there.

Also part of the budgetary priorities are incentives for manufacturing companies and expanding the residential high-rise program citywide to encourage high-density development outside of Downtown San Jose.

Source: SVBJ