New AI Hub Set to Elevate New Jersey's Tech Leadership, in Collaboration with Princeton University

New Jersey Governor Phil Murphy and Princeton University President Christopher Eisgruber today revealed plans to create a hub for artificial intelligence (AI) in New Jersey. This initiative, developed in partnership with the New Jersey Economic Development Authority (NJEDA), aims to bolster the state's position in the AI sector. The project promises not only to enhance New Jersey's AI capabilities but also to stimulate economic growth and job creation.

The plan to establish this AI hub reflects the Murphy Administration's dedication to nurturing innovation and future technologies, aligning closely with New Jersey's renowned higher education institutions. Governor Murphy emphasized New Jersey's unique suitability for this endeavor, citing its strategic location and the talent pool available through Princeton University. This synergy, according to the Governor, will attract leading companies to the state, fostering economic activity and creating high-quality jobs.

Princeton University, a global leader in AI, will play a critical role in this initiative. President Eisgruber highlighted Princeton's commitment to understanding AI's potential and societal impacts. The university's efforts will focus on advancing research and teaching in this field, thereby reinforcing the region's innovation ecosystem.

The AI hub will unite researchers, industry leaders, start-ups, and other stakeholders to foster research and development, ethical AI usage, and workforce development. This collaborative effort will leverage Princeton's expertise in AI technology, policy, and education, and draw on New Jersey's strengths in health, sustainability, finance, and technology sectors.

Tim Sullivan, CEO of the NJEDA, hailed the announcement as a historic step, aligning with Governor Murphy's strategy to re-establish New Jersey as an innovation leader. Beth Noveck, New Jersey Office of Innovation Chief Innovation Officer, echoed this sentiment, asserting that this initiative will actively shape the future of AI.

A highlight of this partnership will be an AI convening at Princeton University on April 11, bringing together experts from academia, industry, and government to address critical AI issues. This conference underscores the collaborative spirit of this initiative.

Governor Murphy's commitment to AI extends beyond this project. In October, he issued Executive Order No. 346, establishing an Artificial Intelligence Task Force to evaluate AI's societal impacts and ethical usage. The Executive Order also includes plans to educate New Jersey's state workforce on AI and explore ways to use AI for economic growth, job creation, and enhanced training.

In summary, this partnership between New Jersey and Princeton University marks a significant step in the state's journey towards becoming a leader in artificial intelligence, promising advancements in innovation, economic growth, and job creation.

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