Last winter, Gov. Phil Murphy and Princeton University President Christopher Eisgruber, announced the new NJ AI Hub.
On Friday they announced Microsoft and CoreWeave have come on board as partners.
“As the AI industry rapidly evolves, it’s imperative that we capitalize on this moment in New Jersey,” Murphy said in a release. “I’m incredibly proud of this partnership with the top leaders in the industry and higher education, which further establishes our state as a hub for cutting-edge AI innovation and talent.”
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 addition of Microsoft and CoreWeave as founding partners of the NJ AI Hub demonstrates how government, higher education and the corporate sector are coming together to advance AI innovation and the regional innovation ecosystem — two of Princeton’s highest priorities,” President Eisgruber said. “I’m eager to see many of the state’s other excellent colleges and universities join this effort as its development continues.”
The NJ AI Hub will help position New Jersey as a leading East Coast center for AI innovation. It will be located along Route 1 — New Jersey’s innovation corridor — at 619 Alexander Road in West Windsor, in space provided by Princeton University.
“New Jersey has long been at the forefront of American innovation and AI is the next chapter of this journey,” said Brad Smith, Vice Chair and President of Microsoft. “By leveraging the strengths of the private sector, Princeton, and the state of New Jersey, our goal is to build a thriving regional AI economy that not only drives economic growth, but sets a new standard for research, development, and workforce development.”
“This collaboration represents the best of what private-public partnerships can achieve, bringing together the brightest minds from government, academia, the business community, and our team of experts to foster groundbreaking AI innovation in New Jersey,” said Brian Venturo, co-founder and Chief Strategy Officer at CoreWeave. “Together, we’re advancing the future of technology while driving meaningful economic growth and strengthening New Jersey’s role as a leader in the global AI landscape. New Jersey is our home, and we’re excited to continue our partnership with the state by making it a leader in AI advancement.”
