Statement from SVLG CEO Ahmad Thomas on 2024 Election
“California’s role at the forefront of policy shaping the innovation economy has only intensified,” said SVLG CEO Ahmad Thomas, reflecting on the results of the 2024 Election.
“California’s role at the forefront of policy shaping the innovation economy has only intensified,” said SVLG CEO Ahmad Thomas, reflecting on the results of the 2024 Election.
Today, Silicon Valley Leadership Group CEO Ahmad Thomas celebrated the selection of Sunnyvale, CA, by the U.S. Department of Commerce to be the headquarters for the new National Semiconductor Technology Center (NSTC). The Biden-Harris Administration shared that the Sunnyvale location, which will be known as the Design and Collaboration Facility (DCF), will be one of the three CHIPS for America research and design (R&D) facilities and will also operate as the headquarters of Natcast, the non-profit entity designated by Commerce to operate the NSTC.
SVLG applauds Governor Newsom’s veto of the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act (SB 1047). SVLG shared the concerns of many in the innovation economy – throughout this process – that this legislative approach would have a chilling effect on the responsible development and deployment of AI technology.
On September 13, 2024, Silicon Valley Leadership Group hosted its second annual Tech and Innovation Summit at Amazon’s East Palo Alto campus. The landmark event brought together industry leaders, policymakers, and experts to explore one of the most transformative forces of our time: artificial intelligence.
The Silicon Valley Leadership Group Foundation (SVLGF) has announced a new initiative to develop an innovative AI and machine learning curriculum for community colleges in the greater Bay Area. SVLGF will hire two fellows to create the curriculum with support from the Deloitte Foundation. SVLGF will collaborate with the Foothill-DeAnza Community College District on its first-ever AI Fellowship Program, which aims to help prepare a diverse workforce for the rapidly evolving field of artificial intelligence that is expected to shape California’s innovation economy.
This month, a bipartisan group of senators led by Majority Leader Chuck Schumer (D-NY) proposed a landmark $32 billion investment in national AI research and development over the next three years.
California has been a first-mover in developing and adopting AI technology. Now, new data affirms that San Francisco and San Jose are the nation’s top AI hot spots – with potential for explosive growth in the remainder of 2024.
SVLG CEO Ahmad Thomas today applauded the White House, which today announced plans to invest over $5 billion in semiconductor-related research, development, and workforce needs, to advance President Biden’s goals of driving R&D in the United States through the CHIPS for America program. Thomas noted that California remains well-positioned to offer the highest return on investment for these federal funds.