NJ's AI Ecosystem Gets a Power Boost with Plug and Play AI Accelerator
New Jersey is ramping up its AI game with the launch of the Plug and Play AI Accelerator at the NJ AI Hub in Princeton University. This initiative aims to retain local AI talent, foster innovation, and position New Jersey as a leader in the AI sector. Backed by heavyweight partners like NJEDA, Microsoft, and CoreWeave, and supported by Plug and Play's expansive network, the accelerator offers non-dilutive support to AI startups, focusing on sectors such as healthcare and finance. The program promises mentorship, investor connections, and a $20 million fund to support startups, setting a solid foundation for New Jersey's AI ambitions.
Mar 21