NJEDA, Princeton take next steps to develop AI Hub

The New Jersey Economic Development Authority, together with Princeton University, are issuing a Request for Information to seek input on insights for the creation and development of an Artificial Intelligence Hub.

The feedback received from the RFI will help the NJEDA and Princeton better understand the scope and characteristics of the AI Hub, with a focus on opportunities for collaboration with the private sector.

The AI Hub will bring together AI researchers, industry leaders, startup companies and other collaborators to advance research & development. It also will house dedicated accelerator space, advance the use of ethical AI for positive societal impact and promote workforce development to support new technology development.

The hub will work in collaboration with other New Jersey universities, community colleges and vocational schools.

“AI has the power and potential to drive innovation, create jobs and build long-term economic growth. Under Gov. (Phil) Murphy’s leadership, New Jersey remains poised to capture the incredible momentum created by this emerging industry, which will enhance our state’s economic competitiveness for years to come,” NJEDA CEO Tim Sullivan said. “The AI Hub will build upon the Garden State’s longstanding legacy in innovation and establish Central Jersey, already famed for its Route 1 ‘research corridor,’ as a leading national base for AI activity. I look forward to our continued collaboration with Princeton University as we forge ahead in establishing New Jersey as a premier location for the creation of cutting-edge AI technologies and companies.”

The RFI issued by the NJEDA and Princeton is aimed at identifying potential partners and how they can help catalyze a hub for AI activity in the state. The RFI also seeks input on identifying specific sites, financial contributions and other resources that interested parties may contribute to the development and operations of the AI Hub.

Responses are due by May 31.