U.S. tech industry report

H1 2025

21.1%

tech leasing activity share

While tech has experienced a pullback in leasing activity in recent years, the industry has started to gain momentum through the first half of 2025 in several key gateway markets, prompting a 17.2% increase from 2024. 
64K

tech job postings increase following interest rate cuts

Tech job postings increased from 60,939 in Q1 2025 to 64,085 in Q2, driven in part by renewed growth following a series of Federal Reserve interest rate cuts in late 2024, when postings averaged 53,077 for the year.

$71.5B

AI VC funding in H1 2025

Venture capital funding for AI companies reached nearly $71.5 billion in the first half of 2025—just 5.4% below the total amount invested throughout all of 2024. This surge marks a significant milestone: for the first time, AI companies accounted for the majority of venture capital activity, capturing 58.2% of total investment. 

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Leasing activity share by industry

While tech has experienced a pullback in leasing activity in recent years, the industry has started to gain momentum through the first half of 2025 in several key gateway markets, prompting a 17.2% increase from 2024. 
 

Tech job postings

Tech job postings increased from 60,939 in Q1 2025 to 64,085 in Q2, driven in part by renewed growth following a series of Federal Reserve interest rate cuts in late 2024, when postings averaged 53,077 for the year.
 

National AI VC funding

VC funding for AI companies through H1 2025 is just 5.4% below the full-year total for 2024, with nearly $71.5 billion already deployed. While investor focus has recently shifted toward AI, H1 2025 is the first time that over half of the total capital invested—58.2%—has gone to AI companies.

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