A development project for Florida aims to bring an ambitious, AI-driven enterprise to West Palm Beach, promising benefits for both businesses and communities.
One of the largest tech expansions in the nation is set to take place on Florida’s Gold Coast. A new AI hub in West Palm Beach has been announced by ServiceNow, a company that creates AI for businesses and manages digital workflows. The 200,000-square-foot site in Florida is promising more than just office spaces; with its intentions set on becoming a leader in AI innovation, thanks to its AI Institute, startup accelerator, and training facility.
Over the next five years, the move is projected to inject the economy with $1.8 billion, and it’s anticipated that it will generate over 850 new jobs by 2030. For West Palm Beach, which is more well-known for its upscale real estate and beach vacations, it’s a significant shift. However, ServiceNow’s executives are placing a great deal of trust in the area’s expanding reputation as a hub for innovation. The CEO, Bill McDermott, described the development as a „compelling magnet for talent“ and a new hub for the AI economy in the United States.
This announcement means Florida is set to tackle the traditional tech strongholds like Silicon Valley and Austin head-on.
