Bloomberg Talks

New York Governor Kathy Hochul Talks NYC Mayoral Race

Sep 10, 2025
New York Governor Kathy Hochul joins the discussion, bringing her expertise in harnessing AI for the state's growth. She dives into the complexities of energy sourcing, critiquing President Trump's stance on offshore wind power. Hochul emphasizes her commitment to innovation and economic growth, focusing on attracting tech talent through strategic policies. She also addresses U.S. immigration's impact on NYC's tech landscape and the potential of casinos to boost tourism and revenue. Hochul's insights reveal a dynamic vision for New York's future.
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INSIGHT

Public-Private-Academic AI Partnership

  • Empire AI is a first-in-the-nation public-private-academic partnership that accelerated quickly from idea to funding.
  • Kathy Hochul secured nearly $500 million to build capacity and diversify the AI workforce across New York universities.
ANECDOTE

Idea Launched Over Breakfast

  • The idea for Empire AI was discussed informally over breakfast and then put into the state of the state within months.
  • Hochul highlights rapid political momentum and legislative buy-in to fund the initiative.
INSIGHT

Energy And Talent As Competitive Edge

  • New York is leveraging regional energy strengths like Niagara hydro and nuclear to power AI infrastructure.
  • Hochul sees this energy and university capacity as a competitive edge to attract researchers and students.
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