Lesser Known AI Firm ‘Replit’ Exits San Francisco for Foster City; SF is Too Expensive, They Say

Replit, an artificial intelligence dynamo with a valuation north of $1 billion, has vacated its San Francisco headquarters. The AI firm has taken up a new home down the peninsula in Foster City, a stone’s throw from its former urban digs. “Just one company is not a trend. That’s what I’m saying,” professed Ahmed Banafa, a tech specialist from San Jose State University, to KGO. His comments reflected the prevailing sentiment that despite this high-profile move, San Francisco firmly holds its title as the AI capital.

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