Business · Companies · 1 day ago

AI boom draws young German founders and talent to San Francisco

AI boom draws young German founders and talent to San Francisco

Young German founders and technology workers are increasingly heading to San Francisco and nearby Palo Alto to work in artificial intelligence.

One of them, 30-year-old Marvin Gabler, moved to San Francisco to build a company using AI to simulate the physical world and help develop new materials.

He says his team is seeking investors and skilled workers.

The city’s AI boom is attracting people with high salaries and the chance to earn money through company shares.

Some young Germans are leaving doctoral studies or corporate career paths to pursue these opportunities.

German venture capital firms also travel to California to invest in teams from Germany, though there are no official statistics or studies confirming the scale of the movement.

Gabler believes the flow of talent from Europe to the United States will grow.

Sources

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