NYC secures stake in potential tech revenue with $30M investment in NYU quantum lab

amNewYork ·
United States

Mayor Zohran Mamdani announced on Wednesday a nearly $30 million investment in a new quantum technology lab at New York University under an agreement that will give the city a share of revenue from inventions developed using publicly funded equipment. The deal gives the city 15% of revenue received by NYU’s central administration from technologies... Read More

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