ElevenLabs is expanding its operations in California, planning to create 173 new high-paying jobs across the state. This expansion is supported by an incentive from the California Competes Tax Credit program, administered by the Governor's Office of Business and Economic Development. The company aims to deepen its U.S. footprint in California, a state recognized as a global hub for technology and AI innovation, and will collaborate with the state on public services accessibility and AI safety initiatives. AI
IMPACT Accelerates AI talent concentration in California and explores AI applications in public services and safety.
RANK_REASON Company expansion with job creation and government tax credit incentive. [lever_c_demoted from significant: ic=1 ai=0.7]
- CalCompetes
- California
- California Competes Tax Credit
- Chess.com
- ElevenLabs
- Gavin Newsom
- Gordon Ramsay
- Los Angeles
- MasterClass
- Meta
- NVIDIA
- Office of Business and Economic Development
- San Francisco
- Square
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