Long Island Focuses on AI and Biotech Development with Upcoming Investments
DEFENSEDATA AND AI INFRASTRUCTURE
Long Island is enhancing its focus on Artificial Intelligence (AI) and biotechnology, with companies like SVAM aiding in AI adoption despite challenges in infrastructure. Local educational institutions are beginning to provide AI training, while the Long Island Regional Economic Development Council has submitted a $50 million grant proposal to promote new technologies in defense and clean energy. Additionally, Accelerate Long Island aims to attract more venture capital investments to support local innovations.

Jan 15, 2026, 12:19 PM