NZ's tax rules keep it out of AI's inner circle: ex-PrimerAI CEO Sean Gourley

Sean Gourley says early investment in AI companies would have opened doors for NZ. (Image: Supplied)

Tue, 04 Feb 2025

The foreign investment funds tax regime is costing New Zealand its place in the artificial intelligence race, Sean Gourley, the ex-CEO of San Francisco-based firm PrimerAI, says.Gourley told BusinessDesk he had little doubt New Zealanders would be more influenced by the development and decisions of fast-growing artificial intelligence (AI) companies in Silicon Valley right now if it wasn’t for the foreign investment funds (FIF) tax regime.“We have almost no seat at the table because of the tax rules,” Gourley said.'Influen...

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