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NYC Commits to Harnessing AI, Announces OpenAI Partnership


A brand new report this week outlines New York Metropolis’s dedication to leverage artificial intelligence (AI) applied sciences, together with the NYC AI Nexus initiative and a partnership with OpenAI.

The doc, “New York City’s Artificial Intelligence Advantage: Driving Economic Growth and Technological Transformation,” was introduced Friday by the New York Metropolis Financial Improvement Corp. (NYCEDC). NYCEDC is a nonprofit group aiming to assist an inclusive and aggressive economic system for New Yorkers. NYCEDC is the official financial improvement group for New York Metropolis, and the NYCEDC president is appointed by the NYC mayor.

The report presents an motion plan for town and NYCEDC’s AI technique. It outlines three strategic targets: 1) to advance town’s place as a worldwide chief in utilized AI; 2) to foster new enterprise creation and partnerships for a dynamic AI ecosystem; and three) to develop a various, AI-ready workforce.


It contains 18 commitments — categorized beneath the strategic targets — designed to assist town unlock its AI potential for future financial development.

Amongst these commitments is a $3 million funding from NYCEDC to create the NYC AI Nexus initiative, which is designed to assist NYC-based startups and founders collaborate with native companies to create and undertake utilized AI options. The aim is to improve companies’ competitiveness throughout industries. Step one is NYCEDC’s launch of a request for proposals to discover an operator to set up this initiative.

Within the report, NYCEDC introduced a partnership with OpenAI. This partnership will assist a number of packages, together with the NYC AI Nexus. It should additionally bolster the group’s Founder Fellowship, which is meant to assist underrepresented founders throughout tech-enabled sectors entry capital, a community of mentors and advisers, and different sources.

OpenAI may also serve on the AI Advisory Council that NYCEDC is establishing in collaboration with Tech:NYC. This council is targeted on equitable development within the non-public sector.

To assist AI literacy within the metropolis, NYCEDC plans to work with town’s public library system to pilot AI literacy programming, to assist accountable use of the applied sciences.

The report additionally highlights plans to launch the NYCEDC Startup Internship Program, which can assist join college students at The Metropolis College of New York with internship alternatives at AI-focused startups; placements are anticipated to start this summer season.

“The roles of tomorrow are being created in the present day in New York Metropolis, and synthetic intelligence is vital to making that occur,” Mayor Eric Adams stated in a statement, underlining the significance of the timing as town hits an all-time high jobs record.

New York Metropolis, the report asserts, is the second-largest tech startup ecosystem on the planet with greater than 25,000 tech startups, 2,000 of that are AI startups. It notes that greater than 40,000 staff within the New York metro space have AI expertise.

The Friday announcement builds on earlier AI-focused work within the metropolis. This contains the October 2021 launch of an AI strategy, the October 2023 launch of an AI Action Plan; and, extra just lately, the institution of an AI Steering Committee and an AI Advisory Network.





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