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New Jersey's $500 Million Bid to Become an AI Epicenter

The Garden State has enacted a hefty new tax credit specifically for AI businesses. But tax incentives—particularly around data centers—haven’t always created large numbers of jobs.

By: Wired

  • Jul 26 2024
  • 7
  • 290 Views
New Jersey's $500 Million Bid to Become an AI Epicenter
New Jersey's $500 Million Bid to Become an AI Epicenter
New Jersey has a new plan to become the US hub for AI innovation. The states governor signed a law on Thursday that will offer up to $500 million in tax credits for artificial intelligence companies … [+3079 chars]

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