Thursday, March 12, 2026 

In today’s digest, 30,000 runners take over city streets, one very sly fox, and a preview of the Runway AI Summit. 🤖

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  • More than 30,000 runners will take over city streets for the NYC Half Marathon this Sunday. 🏃 (FOX New York)

    • The 13.1-mile race starts in Prospect Park around 7am and finishes in Central Park after crossing the Brooklyn Bridge and running through Times Square.

    • Street closures along the route will last through early afternoon — check out the list of closures here.

  • Construction on the long-planned Gateway rail tunnel between New York and New Jersey is moving forward again — at least for now. Phase one of repairs on the Portal Bridge is now complete, which means New Jersey Transit schedules will return to normal next week. 🚆 (ABC New York)

    • The $16 billion project would build a new rail tunnel under the Hudson River and repair the aging North River Tunnel, which has been in service since 1910.

    • Work resumed after a federal appeals court rejected an attempt by the Trump administration to halt payments, though officials warn construction could stop again in a few months if new funding isn’t approved.


  • In the most important news of the day, NYC has a new resident who just moved here from England: A red fox pulled a “Paddington” and stowed away on a cargo ship that traveled from Southampton, England, to New York. 🦊 (NBC New York)

    • The 11-pound male fox is now in the Bronx Zoo’s care, and appears healthy!

    • Yes, we’re also surprised this news was featured on NBC and not FOX. 

In other reading:

  • Smorgasburg is back this April with 22 new vendors and its biggest lineup yet (Time Out New York)

  • A giant pigeon Is leaving the High Line (New York Times)

  • A new proposed bill could raise NYC’s minimum wage to $30 — here’s what to know (Secret NYC)

Want to Know Where NYC AI is Headed? Check the Runway.

Runway’s AI Summit arrives in Manhattan on March 31, with a heavy-hitting lineup that includes leaders from Paramount, Lucasfilm, EA, Block, NVIDIA, and Adobe. 🤖

  • On paper, that reads like a strong industry event. 

  • In practice, it’s also a snapshot of where NYC’s AI scene is headed: less “look what the model can do,” more “look how this fits into real creative and business workflow.”

It’s also why Runway, which just raised $315 million at $5.3 billion valuation last month, is one of the fastest-growing AI companies in NYC.

  • The company also recently used general world models to evaluate eight robot manipulation policies, finding a 0.95 correlation between simulated and real-world performance. 

  • Translation: That’s a step toward AI systems that can help test ideas before they hit the physical world.

A few numbers help explain why this Summit lands in New York:

  • NYC has more than 2,000 AI startups and 35 AI unicorns in the metro region. 🗽 

  • The city has 40,000+ AI professionals, and NYC accounted for 9% of dedicated AI and machine learning job listings last month, the highest share among major metros. 👩‍💻 

  • There are dozens of AI events hosted monthly across the city, including (but not limited to) Tech:NYC’s NYC AI Demos series run with Pensar and The Refinery at Domino. 🗓️

  • New York State’s $400 million+ Empire AI effort is adding real public infrastructure behind the private-market momentum. 🏛️

👉 Bottom line: Runway’s AI Summit shows how NYC keeps leaning into applied AI: tools for media, design, enterprise, and robotics, built in a city where those industries already live side by side.

Be part of the convo: Register here for the Runway AI Summit with promo code TECHNYC50 for 50% off your ticket.

In other reading: 

  • Coefficient Capital, an NYC-based growth equity firm, raised $290 million for its second fund and $240 million for its Apex fund focused on consumer brands.

  • Ernesta, an NYC-based custom-sized rug retailer, raised $20 million in Series B funding. Addition led the round, joined by True Ventures and Platform Capital Management.

Featured events:

  • ⭐ March 19: City & State’s Digital New York Summit, for New York’s technology and information leaders from government and industry to gather for candid discussions and thought-provoking presentations on innovative ideas that are making everyday life for all New Yorkers more livable, safer, and more convenient. Register here with promo code TECHNYC for 25% off.

  • ⭐ March 26: Tech:NYC’s Decoded Futures Demo Day, a showcase of creativity, collaboration, and innovation, featuring nonprofit leaders who have been exploring, over our 8-week program, how AI can scale the work and impact of the social sector. Register here.

  • ⭐ March 31: Runway AI Summit, bringing together industry leaders across media, technology, consumer brands, robotics, and more to explore how AI is reshaping how work gets done — and what comes next for enterprise. Register here with promo code TECHNYC50 for 50% off.

  • ⭐ April 6-9: HumanX’s conference for AI leaders in San Francisco, uniting 6,500+ leaders, builders, and investors driving real transformation. Discover cutting-edge innovations and accelerate your impact through networking opportunities. Register here with promo code HX26P_TECHNYC to get $$$ off your pass.

Other great events:

  • March 13: The AI Briefing by Startup Grind, a high-velocity roundtable for decision-makers diving into the 2026 Report on the State of the U.S. Legal Market Register here.

  • March 17: Towards Emissions-Free Microfreight, a multi-stakeholder discussion to investigate and assess the viability of BATWorks as a potential hub for emissions-free microfreight systems. Register here.

  • March 19: Human by Design: The Empathy Edge in an AI World, for women and allies who build — PMs, founders, designers, marketers, and engineers — to discuss how empathy, judgment, and collaborative AI tools can help you grow your influence and deliver meaningful impact in your work. Register here.

  • March 19: Own the Room: How to Speak and Present Effectively in Meeting, an interactive workshop designed for women who want to strengthen their voice at work. Register here

  • March 19: Airtable Buildathon, a one-day, live builder competition where participants solve real business challenges using Airtable and AI-powered workflows. Register here.

  • March 20: Keeping It Urban Summit. ​A one-day conference featuring 10+ powerhouse panelists on media interfaces, robotics, and civic innovation, 5+ early-stage startups, and creative tech artist talks. Register here.

  • March 21: Anti-Slopathon, a hackathon where participants use AI to build tools, games, features, and experiences, but show how they’ve listened to their user and applied taste and design judgment. Register here.

  • March 25: Speed Pitch: Guaranteed 1:1 Meetings With Investors, for tech startups with market-ready MVP or revenue generating, preferably with one underrepresented founder, pre-seed to Series A. Register here with promo code TECHNYC20 for 20% off.

  • March 26: Founder Dinner, an intimate evening with a highly curated group of Series A+ founders that are scaling. Register here.

  • March 26: American Fintech Council’s inaugural Marketing and Communications Cocktails & Conversations, hosted in collaboration with Tech:NYC, CLYDE, and Current. Register here.

  • March 26: Make It in Brooklyn Ag Tech Pitch Contest, bringing together local Ag Tech startups, early-stage founders, seasoned investors, and industry leaders to spotlight solutions that will define agriculture’s next chapter. Register here

    • Applications from startups to participate are open until Sunday, March 15. Apply here.

  • April 2: NYU Wagner’s 20th International Policy and Planning Summit, bringing together academics, practitioners, and students to explore cross-sectoral solutions to the interconnected global challenges of climate change, migration, and global urban resilience. Register here.

  • April 14: Govtech Happy Hour, for all govtech founders and operators, civil servants past and present, and policy enthusiasts. Register here.

  • April 16: Construction Robotics Summit: From Dirt to Data, bringing together the builders, technologists, and decision-makers advancing robotics across the built environment. Register here for early-bird pricing before March 31.

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