The New Jersey Economic Development Authority (NJEDA) and CoreWeave have launched a $20 million New Jersey AI Hub Fund to support artificial intelligence startups affiliated with the NJ AI Hub Strategic Innovation Center in West Windsor. The NJEDA board approved a $10 million investment that will be matched dollar for dollar by CoreWeave and affiliated investors, creating capital access for AI companies looking to put down roots in New Jersey.
Read the full story at NJBIZ.com: https://njbiz.com/njeda-coreweave-launch-new-jersey-ai-hub-fund/
