Learn how New Jersey's life sciences ecosystem can benefit your company in our new report

The Next Home of AI

Artificial Intelligence is revolutionizing the way we work. This rapidly growing technology has launched innovative start-ups and given established companies new ways to grow. New Jersey’s research and development strengths, paired with commitments made by universities and the State government, are establishing New Jersey as a leader in generative AI. The AI innovation hub announced by Princeton University and the State of New Jersey is just the beginning.

Here, tech innovators have the resources and support to create the next big thing. New Jersey is the future of AI. See what’s in it for you.

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Who is here

Why they're here

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AI ACROSS INDUSTRIES

AI advancements are reaching every industry in New Jersey, including tech (at companies like Wipro, HCLTech, and Cognizant), healthcare, and energy. The New Jersey Innovation Fellows Program approved grants for four startups — including a healthcare solutions platform, a data-driven small business consulting practice, a mobile fitness application, and a digital marketplace for disabled individuals to better access service providers — that intend to integrate AI technology into their products.

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A HOTSPOT FOR TALENT

The largest concentration of engineers and scientists per square mile and the third-highest share of STEM degrees awarded in the United States are here in New Jersey. Plus, real estate here is 40% less per square foot than New York City and almost 30% less than Silicon Valley.

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GOVERNMENT SUPPORT

We’re all in for AI innovation in New Jersey. Governor Phil Murphy established an AI task force that explores the ways AI can stimulate economic growth, create jobs, and enhance training and talent development. New Jersey is also spearheading a nation-leading initiative to educate people who work for the State of New Jersey about the development, use, and risks of AI.

Fostering Ethical AI

Princeton University and the New Jersey Economic Development Authority (NJEDA) announced the creation of an AI innovation hub in January 2024 that will bring together researchers, industry leaders, and start-up companies. The hub will house dedicated accelerator space and advance the use of ethical AI to positively impact businesses and their employees. It will also support the development of a strong tech workforce through collaborations with other New Jersey universities, community colleges, and vocational schools.

What they say

“We have the potential to pioneer technologies that could unlock new cures for debilitating diseases, or new solutions for combating climate change, or new methods for educating our students so that every child can receive the personalized attention they deserve and need to reach their full potential. With AI, we have a chance to confront — and perhaps overcome — some of the greatest challenges facing our world.”

Governor Phil Murphy

Where they excel

Whether you enjoy rural, suburban, or urban life, you’ll find a comfortable home in New Jersey among sandy beaches, the farmlands of Sussex or Salem County, or bustling cities like Hoboken or Atlantic City. New Jersey’s diverse population makes our state the ultimate foodie destination – from the fresh seafood of Cape May to the Portuguese and Brazilian delicacies of Newark’s Ironbound District. Residents are also near world-class venues like the New Jersey Performing Arts Center, the Prudential Center, PNC Bank Arts Center, and MetLife Stadium, which host massive concerts and pro sports games. Whatever your interests, you’ll find exciting things to do in New Jersey.

Roam through flowers and enjoy farm fresh produce at one of New Jersey’s 10,000 farms.
Meet up with friends at gorgeous breweries, wineries, and lauded local restaurants.
Make yourself at home among charming cities, welcoming suburban towns, or spacious farmlands.
Cheer on the New Jersey Devils at The Prudential Center.

Discover What New Jersey Has to
Offer Your Business

Choose New Jersey is a nonprofit economic development organization whose goal is to help your company thrive here. All services are complimentary, with no risk and no expectations. If you’d like to learn more about what New Jersey has to offer, or want to start talking to Choose New Jersey, start by filling out the form below. This allows us to best understand and serve your needs ahead of any communication. Once the form is complete, you’ll get access to guides for your industry and a representative will contact you with additional details.

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