Here’s the biggest takeaway from the announcement last week that global corporate tech giants Microsoft and CoreWeave will join Princeton University as the founding partners in the state’s quickly established AI hub at the school.
It will not be the last big announcement around the AI hub — and won’t be the last announcement of a strategic innovation center in the state, something New Jersey now has more than a half dozen around the state.
So said Tim Sullivan, the CEO of the N.J. Economic Authority — and a key player not only in the effort at Princeton but strategic innovation centers involving FinTech (NJ FAST at Stevens), hard tech (HAX in Newark), venture (NJII in Newark), life sciences (HELIX in New Brunswick) and aerospace (National Aerospace Research & Technology Park in Egg Harbor Twp.).
“These centers are an enormous long-term investment in the state’s innovative capacity,” Sullivan said. “The governor is being true to his word about running through the tape. This announcement is a good example of it. And we’ve got several more in the pipeline that you’ll be hearing about in the coming weeks and months.”