New York City boasts the second-largest tech startup ecosystem globally, with over 25,000 startups and 1,200 active venture firms, providing employment for more than 360,000 individuals.

OpenAI is teaming up with New York City Mayor Eric Adams and the NYC Economic Development Corp. (NYCEDC) to position the city as the 'applied AI capital of the world.'

With approximately 40,000 individuals in the New York Metropolitan Area possessing AI-related skills, the city is well-positioned to leverage advancements in AI technology.

OpenAI is contributing $500,000 in Application Programming Interface credits for various NYCEDC programs and is also offering 500 free ChatGPT Plus accounts for participants in AI literacy programs.

The NYC AI Nexus will serve as a platform for collaboration between local startups and businesses to develop practical AI solutions.

NYCEDC and OpenAI are set to create programs that promote AI adoption across various industries, including AI literacy initiatives in public libraries and internship opportunities for students at the City University of New York.

Mayor Eric Adams has highlighted the critical role of artificial intelligence in generating future job opportunities within the city.

This collaboration comes on the heels of the launch of DeepSeek, a Chinese competitor to OpenAI, which has reportedly led to a staggering $1 trillion loss in stock market value across tech companies.

To attract AI talent, the city is collaborating with Tech:NYC to host events and establish partnerships.

The initiative includes a $3 million fund dedicated to creating an 'NYC AI Nexus' that aims to foster AI innovation and adoption throughout the city.

Recently, OpenAI relocated 450 employees to The Puck Building in New York City, strengthening its local presence.

As part of their partnership, OpenAI will support the NYCEDC's Founder Fellowship and will participate in an AI Advisory Council alongside industry leaders and investors.