AI Avenue lands 2 new companies

Driving the news: Last week, two AI companies announced moves to Bakery Square in Larimer.

• Jacobian, which created an AI imaging platform for radiologists, is establishing a headquarters in Pittsburgh.
• Mine Vision Systems, a German AI mining company, is relocating its global headquarters to Bakery Square.

Context: Boosters have dubbed the stretch of Penn Avenue between Bakery Square to East Liberty AI Avenue in hopes of attracting more AI companies to work alongside the massive tech anchors of Google on one end and Duolingo on the other.

Between the lines: Jacobian CEO Michael Finke said he chose Pittsburgh because of its "world-class technical talent" and strong intersection between health care, life sciences and tech.

• Mine Vision Systems CEO Mike Smocer said "Pittsburgh's unique combination of robotics expertise, engineering talent" attracted him to the region.

What they're saying: "On AI Avenue, companies transforming health care, defense, energy, and manufacturing aren't just co-existing — they are collaborating. We are building a globally unique ecosystem where tech innovators and industry titans grow side-by-side," said Joanna Doven, CEO of the AI Strike Team.

What's next: AI Horizons, a conference featuring local and national tech leaders, will be held at Bakery Square on Sept. 17-18.