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New Jersey creates $20M fund to support AI startups · NabkaNews

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New Jersey creates $20M fund to support AI startups

StateScoop·Dec 16

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

New Jersey has established a $20 million fund to support artificial intelligence startups. The fund is part of the NJ AI Hub, which is also launching a Plug and Play AI Accelerator. The state has also made appointments related to innovation and artificial intelligence, although the connection between these developments and the fund is unclear.

Full coverage

NJEDA and CoreWeave Announce Creation of $20M AI Hub Fund to Support Innovative Startups

NJEDA (.gov)·Dec 15

NJEDA, CoreWeave launch $20M NJ AI Hub fund

SparkLabs launches $20m King Saud University venture fund

Venture Capital Journal·Feb 27

Plug and Play AI Accelerator launches at NJ AI Hub

Why Brands Are Quietly Becoming Entertainment and IP Companies

Shoppe Black·Jan 22

New Jersey names former White House adviser as innovation chief, appoints first chief AI strategist

StateScoop·Jan 31

Exclusive: Beside, an AI voice startup, raises $32 million to build an AI receptionist for small businesses

Fortune·Nov 11

AI cloud startup Runpod hits $120M in ARR — and it started with a Reddit post

TechCrunch·Jan 16

View original report at StateScoop ↗