February 25, 2024
AI is fueling economic recovery in the Bay Area. Chinese AI startup DeepSeek’s open-source R1 model has raised concerns about AI investment, but its energy-efficient and low-cost innovations could accelerate AI adoption. In this San Francisco Business Times article, Sean Randolph, Senior Director of the Institute, highlights how AI’s growing impact across industries, combined with California’s emphasis on workforce training and innovation, will help the region maintain its leadership in the sector.