New York City Mayor Zohran Mamdani said Thursday that the city will receive a 15% share of the intellectual property proceeds from a new quantum facility, adding that New Yorkers should benefit from an industry he expects to be worth trillions. New York Gets Board Seats and a Cut of the Profits Mamdani said on X that quantum is "poised to become a multi-trillion dollar industry in the next few years" and that "New Yorkers should share in that profit." Quantum is poised to become a multi-trillion dollar industry in the next few years. We think New Yorkers should share in that profit. That's why we negotiated that New Yorkers get board seats and a 15% stake of intellectual property that comes out of NYU's Quantum Fabrication… https://t.
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