Governor Phil Murphy officially opened the New Jersey Artificial Intelligence Hub (NJ AI Hub) alongside leaders from Princeton University, Microsoft, CoreWeave, and the New Jersey Economic Development Authority (NJEDA), marking a major milestone in the state’s strategy to become a national leader in artificial intelligence innovation.
Located at 619 Alexander Road in West Windsor Township on property provided by Princeton University, the NJ AI Hub will serve as a collaborative ecosystem uniting researchers, startups, educators, and industry leaders. The Hub is expected to drive breakthroughs in AI development, commercialization, and workforce training, while also spurring economic growth across New Jersey.
“With the opening of the NJ AI Hub, we are moving forward in establishing New Jersey as a global leader in technology and innovation,” said Governor Murphy. “This is more than a research space—it’s a launchpad for the future of AI in the Garden State.”
The Hub’s mission is built around three pillars: AI research and development, commercialization and innovation acceleration, and strengthening education and workforce development. It will leverage New Jersey’s strengths in health, sustainability, finance, and technology sectors, while collaborating with community colleges and vocational schools to train the next generation of AI talent.
Founding partners Princeton University, Microsoft, CoreWeave, and the NJEDA will collectively invest over $72 million in the initiative. Microsoft will also expand its TechSpark program into New Jersey, fostering local job creation and technology training.
“This partnership shows how the public, private, and academic sectors can come together to spark innovation and strengthen our regional ecosystem,” said Princeton University President Christopher L. Eisgruber.
Brad Smith, Vice Chair and President of Microsoft, hailed the Hub as “an exciting addition to New Jersey’s storied history of innovation,” while CoreWeave’s Chief Strategy Officer Brian Venturo emphasized the Hub’s potential to keep homegrown talent in-state.
The NJEDA is expected to invest up to $25 million through its Strategic Innovation Center initiative and a forthcoming AI Venture Fund targeting early-stage AI startups. Pending board approval, this investment will support the Hub’s operations for up to five years.
More information is available at njaihub.org.
Need Help?
If you’re concerned or have questions about how to navigate the U.S. or global AI regulatory landscape, don’t hesitate to reach out to BABL AI. Their Audit Experts can offer valuable insight and ensure you’re informed and compliant.