Alright folks, buckle up because we’ve got some mind-blowing news in the world of artificial intelligence. Get this – OpenAI, the cash-flush AI firm that just received a whopping $10 billion boost from Microsoft, is on the hunt for more office space in San Francisco. And you know where they’re thinking of setting up shop? None other than Uber’s corporate headquarters in Mission Bay!
According to reports, OpenAI is deep in “serious” talks with Uber to lease a part of their hub at 1725 Third Street. Now, this hasn’t been confirmed yet, but hey, we’ve got some juicy insider info on this one. OpenAI might just sublease one of the buildings in Uber’s massive 1-million-square-foot Mission Bay campus. And get this, folks, Uber never even moved into that particular 286,500-square-foot building! They actually listed it for sublease earlier this year. Talk about a golden opportunity for OpenAI!
Now, details of the potential deal are still under wraps, but let me tell you something – OpenAI is no joke. They already have an impressive footprint in the Mission District, where they leased a 40,000-square-foot headquarters building back in 2016. And just last year, they expanded even further by leasing a whopping 100,000-square-foot office building at 575 Florida Street. These guys are on fire!
And now, with that fat stack of cash from Microsoft and their ChatGPT technology gaining serious popularity, OpenAI is looking to go big. I’m talking about quadrupling their workforce, folks! They currently have 500 employees, but they’re aiming to crank that number up to a staggering 2,000. That’s some serious growth right there.
Now, as you can imagine, finding the right space in San Francisco isn’t exactly a walk in the park. But you know what? OpenAI happens to be the belle of the ball at the moment. With their recent $10 billion raise, they have the resources to pay top dollar for a space that suits their needs. They’re not messing around, folks.
But here’s the kicker – San Francisco, despite having a sky-high office vacancy rate of 31.6 percent in the second quarter, is still the place to be for AI companies like OpenAI. The city’s mayor, London Breed, has even declared it the AI capital of the world. We’ve got a whole new section of the city called “Area AI” that includes parts of the Mission District, western SoMa, and Potrero Hill. And get this – out of the 80 AI companies mentioned by JLL in San Francisco, a whopping two dozen are operating within Area AI. I don’t know about you, but that’s some serious AI action happening right there.
So, folks, keep your eyes peeled because OpenAI’s move to Uber’s headquarters in Mission Bay might just be the next big thing. And as always, stay curious.