California’s tech boom lifts state revenue by $11 billion thanks to AI rally

California just pulled in $11 billion in extra tax revenue after a sharp jump in AI‑linked tech stocks pushed capital‑gains income way above forecasts. State officials said the bump is big, but it does nothing to stop the deficit from rising toward $18 billion in the next fiscal year. The money came in while job […] source: https://www.cryptopolitan.com/california-tech-boom-state-revenue-by-11b/