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Gavin Newsom: “The largest market cap private sector company, OpenAI, just…”

Featuring: Gavin Newsom, Democratic | Governor of California

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California Governor Gavin Newsom speaks at the World Economic Forum 2026 | DW News

Published | Video Starts at 28:28

And our innovation ecosystem and startup ecosystem second to none. We have half of the country's unicorns in our state. The largest market cap private sector company, OpenAI, just headquartered in San Francisco. They could have chosen any other state in the country. Look, I don't begrudge other people's success. I've never been that kind of Democrat. (28:28–28:34)

CLAIM

Asserts that OpenAI, the largest market cap private sector company, is headquartered in San Francisco.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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