New York City has overtaken the San Francisco Bay Area as the largest tech talent market in the United States, driven by rapid expansion of AI companies and the workforce supporting them. From 2022 to 2025, New York’s tech workforce grew by more than 30,000 workers; over 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, making it 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 takes over repetitive tasks, new roles in housing and healthcare are emerging. The changes are 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, data as of September 23, 2026, showed a mixed performance. Among 150 priced US tech stocks, 71 rose, and 72 fell.
- AppLovin Corporation (APP) : stock at $318.00, down 3.26% over one day. Pluang order activity: 20% Sell, 80% Buy.
- Expensify Inc. (EXFY) : priced at $2.42, gained 2.98%. Pluang order activity: 96% Sell, 4% Buy.
- Gartner Inc. (IT) : rose 2.94% to $184.00. Order activity: 50% Sell, 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 retains a significant concentration of technology workers.