Zohran Mamdani Says Quantum Is Poised to Become a ‘Multi-Trillion Dollar Industry’ and New Yorkers Should ‘Share in That Profit’

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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.