New York added 30,640 tech workers in 3 years, surpassing San Francisco as AI hiring surges
Wall Street's push to hire AI talent is fueling New York's rise, even as San Francisco keeps its title as the top overall tech market.
New York City has surpassed San Francisco as the largest tech talent hub in North America, according to CBRE's "Scoring Tech Talent 2026" report. The New York metropolitan area saw a 30,640 increase in tech workers between 2022 and 2025, rising to 394,300, while the Bay Area's tech workforce fell by 23,900 to 375,730. This marks the first time New York has led by headcount in the report's 13-year history.
The growth is attributed to New York's diversified tech economy, with financial services playing a larger role compared to San Francisco. The U.S. and Canada saw a 45% year-over-year rise in tech talent with AI skills, reaching 751,000. While San Francisco still leads in raw numbers of AI specialists and AI job postings, New York and Dallas-Fort Worth tie for the highest concentration of AI talent in financial services at 20%.
Major financial institutions like JPMorgan Chase are investing heavily in AI, with CEO Jamie Dimon indicating a shift towards hiring more AI specialists.
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