A handful of local technology startups gathered to ring the opening bell at the New York Stock Exchange Thursday, celebrating the city’s evolution as an international tech hub in recent years.
“Ten years ago, tech in New York was people who would meet in Central Park and play soccer and now tech in New York is ringing the bell in the stock exchange,” said Serkan Piantino, co-founder and chief executive officer of Spell, an artificial intelligence company in New York.
New York’s tech industry accounted for 333,000 jobs as of 2019, and counts more than 9,000 startups, according to Tech:NYC’s annual report. In addition to home-grown companies, the giants of Silicon Valley are increasingly expanding in the Big Apple. Alphabet Inc.’s Google, which already has more than 8,000 employees in New York could surpass 14,000 by 2028, while Facebook Inc. intends to double its headcount in the city. Many of the biggest tech companies are gobbling up real estate in Manhattan, seeking to tap the city’s highly skilled and diverse workforce.
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