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

A finance story from New York, reported by amNewYork.

Finance · New York · October 14, 2026

From amNewYork

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.

Reported by amNewYork, October 14, 2026. Read the full story at amNewYork →

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