The Partnership Will Promote Innovation While Expanding Princeton Universitys Presence as a Global Leader in Artificial Intelligence (AI)
Princeton University and the State of New Jersey Will Co-Host AI Convening at Princeton University on April 11
TRENTON Governor Phil Murphy and Princeton University President Christopher Eisgruber today announced plans to establish a hub for artificial intelligence (AI) activity in New Jersey in collaboration with the New JerseyEconomic Development Authority (NJEDA). Leveraging state funding and private sector partnerships, the initiative will advance New Jerseys leadership in AI and catalyze innovation in AI technologies, drive job growth and economic development across the region, promote rapid and responsible development of the field, and guide governments and public entities on AI implementation.The establishment of this new initiative underscores the Murphy Administrations commitment to supporting innovation and the technologies of the future in tandem with New Jerseys world-renowned higher education institutions.
Once again, New Jersey is pioneering cutting-edge technologies in lockstep with one of the worlds most prestigious universities,said Governor Murphy.Indeed, theres no better place in the nation to build a nexus for AI development than in the heart of New Jersey at Princeton University, which attracts the companies of the future with its robust innovation ecosystem and unparalleled combination oflocation and talent. As these industry leaders seek the next big breakthrough in AI technologies from their labs in Central Jersey, they will help generate economic activity and good-paying jobs in communities across our state.
Princetons strategic framework recognizes the promise and societal implications of artificial intelligence as well as the Universitys unique capacity to meet these challenges,said President Eisgruber.Working to establish this hub for AI will further our efforts in this important area, while strengthening the regional ecosystem of innovation and advancing Princetons teaching and research mission.
The initiative will bring together AI researchers, industry leaders, start-up companies, and other collaboratorsto advance research and development, house dedicated accelerator space, advance the use of ethical AI for positive societal impact, and promote workforce development to support new technology development, in collaboration with other New Jersey universities, community colleges,and vocational schools.
Establishing a hub for AI activity in New Jersey will leverage the unique strengths of the region, including Princetons leadership in AI technologies, drawing on its institutional strengths in technology policy and education, applicationsof AI across a range of fields, foundational research on AI techniques and their application, novel hardware platforms and interdisciplinary collaborations on using technology for good. The initiative will also draw on New Jerseys unique strengths in the health, sustainability, financial, and technology sectors, which have the opportunity to apply artificial intelligence technologies to advance innovative breakthroughs.
Today's announcement by Governor Murphy and Princeton University President Eisgruber is an historic declaration of New Jersey's ambition to be a leader in shaping and harnessing the power of AI to drive innovation and long term job creation, said Tim Sullivan, CEO of the New Jersey Economic Development Authority.Governor Murphy has made recapturing New Jerseys leadership position in innovation a centerpiece of his economic strategy, and with today's great news on the heels of last week's recommitment to New Jersey from Bell Labs, we are seeing proof positive that the Governor's strategy is resonating with some of the most prominent institutions in the world.
With the establishment of this AI hub, we are not just anticipating the future we are actively shaping it,said Beth Noveck, New Jersey Office of Innovation Chief Innovation Officer.This partnership is a testament to our belief that when we harness Princeton's renowned brainpower and New Jersey's innovative spirit, there's no problem too complex, no challenge too greatTogether, we embark on a journey where every problem encountered is a step closer to a solution.
President Eisgruber also announced that Princeton and the State will co-host a one-of-a-kind convening on AI at Princeton University on April 11. This conference will bring together leaders from academia, industry, and government to discuss the most pressing AI issues of the day.
The initiative is part of Governor Murphys commitment to make New Jersey a national leader in AI. In October, Governor Murphy also issuedExecutive Order No. 346, which established an Artificial Intelligence Task Force charged with studying emerging AI technologies. The Task Force will be responsible for analyzing the potential societal impacts of AIas well as preparing recommendations to identify government actions encouraging the ethical use of AI technologies. The Executive Order also announced a nation-leading initiative to educate New Jerseys State workforce about the development, use, and risksof AI, and directed the Administration to evaluate tools and strategies to improve government services through artificial intelligence, as well as explore ways in which artificial intelligence can stimulate economic growth, create jobs, and be deployed byemployers to enhance training and talent development, especially for low-income residents.
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