🔹Microsoft $MSFT and CoreWeave are teaming up with Princeton University and the New Jersey Economic Development Authority (NJEDA) to launch the NJ AI Hub, a $72M+ AI innovation center aimed at advancing research, commercialization, and workforce development. 🔸The Hub, located in Princeton, will focus on life sciences, clean energy, cybersecurity, and logistics, integrating AI into key industries. 🔸Microsoft will bring its TechSpark program to the state, and CoreWeave will help develop an AI Venture Fund to back early-stage AI startups. 🔸The NJEDA is committing up to $25M, pending board approval. Governor Murphy called the project a key move to solidify New Jersey’s role in AI innovation and attract high-paying jobs.