Among $3.1 billion in 2011 venture capital investment in the New York region, nearly 78 percent, or $2.4 billion happens in the city itself.
It’s the among the largest urban investment percentages in the country, beyond just the newer cities of San Diego, Los Angeles, Austin and Seattle. As Richard Florida digests for the Atlantic, it’s part of a growing trend of tech being an urban phenomenon.
Partnerships with giants like Eli Lilly and Thermo Fisher Scientific put biotech in the spotlight again, though founders still struggle to find investments in their hometown.
Mindframe, which offers an AI-powered behavioral health platform, plans a 2026 HQ launch in tandem with a capital raise.
Hacking vectors like phishing just got easier in the world of deepfakes and other rapid tech advancements, a cyber founder writes.
Learn more about these companies serving up gourmet hot dogs, homemade pies, Texas-style BBQ and more.
“I cannot confirm any media reports,” said a representative of developer HRP Group. “I cannot deny them either.”
The memory of the local icon is being twisted by a high-tech Neighborhood of Make-Believe. The institutions who protect his history are looking for ways to clear the AI slop.
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