Exclusive | OpenAI Is Putting Down Office Roots in New York.

OpenAI, the maker of ChatGPT, has leased 90,000 square feet of office space in Manhattan's Puck Building in New York City. This move is seen as a positive sign for the office market, which has been struggling due to rising vacancies and rent reductions. Other AI companies, such as Anthropic and Palantir, have also been leasing office space in various cities. In San Francisco, AI businesses have leased about 5 million square feet of office space, with demand coming from both AI-focused companies and larger tech companies investing in AI. The Puck Building is owned by the Kushner Cos and also houses Thrive Capital, which recently led a funding round for OpenAI. [Extracted from the article]