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After thoughtful consideration, the Bay Area Council and the Silicon Valley Leadership Group have jointly decided to conclude formal discussions about creating a unified organization. While we will not move forward with a merger at this time, both organizations remain committed to collaboration and will continue to work to advance the priorities that matter most to our region’s future.

“Today, Governor Gavin Newsom put forth his May budget revision, which seeks to close a projected $12 billion deficit for the upcoming fiscal year amid strong economic headwinds driven by federal tariffs, recent natural disasters, and ongoing stock market volatility.

At SVLG, we are committed to continuing these critical discussions in partnership with the Institute for California AI Policy, bringing together business and government leaders to advance responsible AI solutions to ensure that California, and our nation, remain the global epicenter for AI-driven innovation.