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Gavin Newsom: “Venture capital, highest it's ever been. $106 billion. 68…”

Featuring: Gavin Newsom, Democratic | Governor of California

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California Governor Gavin Newsom | Bloomberg Newsmaker Event

Published | Video Starts at 13:18

It's now going to be the new robotics and fusion and nuclear. Advanced nuclear. Obviously in quantum we all know about A.I. there's no peers. You saw last year Venture capital, highest it's ever been. $106 billion. 68 billion last year. 106 this year. Interesting. Close to 70% of those dollars invested back in to the state of California, ucla. (13:18–13:27)

CLAIM

Asserts that venture capital investment in California reached $106 billion, up from $68 billion the previous year.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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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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