New York has overtaken the San Francisco Bay Area as the nation’s largest tech talent market by workforce size for the first time, as the artificial intelligence boom helps reshape where technology companies are hiring and expanding.

CBRE’s 2026 Scoring Tech Talent report found that New York’s tech workforce grew by 30,640 workers between 2022 and 2025 to 394,300, while the San Francisco Bay Area’s tech workforce shrank by 23,900 to 375,730.

Fran Loftus, chief experience officer at New York-based EliseAI, told FOX Business that the numbers reflect what her company is seeing on the ground.

“I definitely think New York has become a major AI hub,”…

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