“Today, Governor Gavin Newsom put forth his May budget revision, which seeks to close a projected $12 billion deficit for the upcoming fiscal year amid strong economic headwinds driven by federal tariffs, recent natural disasters, and ongoing stock market volatility.
At SVLG, we are committed to continuing these critical discussions in partnership with the Institute for California AI Policy, bringing together business and government leaders to advance responsible AI solutions to ensure that California, and our nation, remain the global epicenter for AI-driven innovation.
This week, SVLG convened our annual Advocacy Day event in Sacramento. A major focus for our trip to Sacramento – organized in partnership with our Institute for California AI Policy (I-CAP) – was bolstering the competitiveness of the innovation ecosystem, which includes modernizing our innovation infrastructure to scale AI, ensuring a strong 21st century workforce, and promoting equitable economic growth.
The Silicon Valley Leadership Group (SVLG) recently hosted our 2024 Annual Forum at Levi’s Stadium, bringing together hundreds of leaders from the tech industry, government, and community organizations. The event, presented by Amazon, focused on innovation, collaboration, and regional competitiveness, in turn fostering dialogue about the future of Silicon Valley and California.
“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.
SACRAMENTO (July 3, 2024) – This week, legislation authored by Senator Dave Cortese (SB 1298) that would accelerate California’s data center expansion advanced through both the Assembly Natural Resources and Labor and Employment Committees. If enacted into law, the legislation would catalyze a wave of new data center investments, bolstering California’s critical infrastructure and driving long-term economic growth across multiple sectors.
The legislation is sponsored by the Silicon Valley Leadership Group (SVLG), the leading business association representing Silicon Valley’s innovation economy and ecosystem.
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