Major Artificial Intelligence Hub Will Bolster State's Innovation Economy
Microsoft, CoreWeave, New Jersey Economic Development Authority, and Princeton University Expected to Invest Over $72 Million to Support the Long-Term Success of the Hub
TRENTON, N.J., Jan. 31, 2025 /PRNewswire/ -- Governor Phil Murphy and Princeton University President Christopher L. Eisgruber today announced that Microsoft and CoreWeave will join the State and Princeton as founding partners in the NJ AI Hub. The NJ AI Hub will serve as a state-of-the-art, collaborative ecosystem that integrates world-class research, innovation, education, and workforce development. As part of this investment in the NJ AI Hub, Microsoft will leverage its TechSpark program to provide expertise and resources for AI skilling and workforce development to create opportunities for innovation in New Jersey and the region.
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