San José now has 91 venture-backed AI companies valued at approximately $6 billion. The four winning companies are among 23 AI startups worth $1.3 billion in downtown San José.

Unemployment is inching up, tech layoffs continue and IPOs are waning. Experts expect a downturn, but it’s still possible the state will avoid a recession.

Two weeks after the bank failed, the fallout has hit the start-up market as investors pull back further.

The U.S. Treasury’s State Small Business Credit Initiative will increase small business owners’ access to capital, cover upwards of 80% of loans.

The stock market has soared to new heights, prompting a record number of Silicon Valley companies to go public.