Pittsburgh’s AI expertise may give rise to an already growing startup market

Pittsburgh’s AI expertise may give rise to an already growing startup market

a year ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2023/01/12/pittsburghs-ai-expertise-may-give-rise-to-an-already-growing-startup-market/

Emerging markets tend to go in and out of vogue. First, Austin was the next biggest thing, then Atlanta and, more recently, Miami. Pittsburgh has yet to have its moment, but all the signs are there that it could be next. Having local expertise in the category every VC wants to invest in right now doesn’t hurt, either.

The Steel City has all the ingredients to be a hub for startups: a good university system, a cheaper cost of living — definitely when compared to places like New York and the Bay Area — and a proliferation of seed firms and startup accelerators. Plus, it has seen a homegrown success story in language learning app Duolingo, which went public at a nearly $4 billion valuation in 2021.

Pittsburgh’s AI expertise may give rise to an already growing startup market

Jan 12, 2023, 5:18pm UTC
https://techcrunch.com/2023/01/12/pittsburghs-ai-expertise-may-give-rise-to-an-already-growing-startup-market/ > Emerging markets tend to go in and out of vogue. First, Austin was the next biggest thing, then Atlanta and, more recently, Miami. Pittsburgh has yet to have its moment, but all the signs are there that it could be next. Having local expertise in the category every VC wants to invest in right now doesn’t hurt, either. > The Steel City has all the ingredients to be a hub for startups: a good university system, a cheaper cost of living — definitely when compared to places like New York and the Bay Area — and a proliferation of seed firms and startup accelerators. Plus, it has seen a homegrown success story in language learning app Duolingo, which went public at a nearly $4 billion valuation in 2021.