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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. Still, CoreWeaves strategic moves are positioning it for long-term growth. The company reported $1.92 In March 2025, it signed a five-year, $11.9 The company recently announced a $1.2

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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

AI presents a tremendous economic opportunity for New Jersey, poised to create good-paying jobs, catalyze new discoveries, grow our start-up community, and foster long-term economic growth, said Governor Murphy. For more information, including additional eligibility requirements, click here.

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ACA Announces Columbus, Ohio as Site of 2024 Summit of Angel Investing

Angel Capital Association

FOR IMMEDIATE RELEASE 10/01/2023 10/01/2023 - The Angel Capital Association (ACA), the world’s largest association of angel investors, has announced that Columbus, Ohio will host its 2024 Summit of Angel Investing.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies. million in the fintech accelerator. From 2020 to 2022, Plug and Play was the most active startup accelerator in the world, according to CB Insights.

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Digital Transformation Is Crucial for Longevity According to Cisco Study

Smart Hustle Magazine

A new study reveals just how much the COVID-19 pandemic is accelerating small business digital transformation. IDC’s analysis of data from eight countries finds the massive impact digitalization can have on GDP by 2024. How much small business digital transformation could boost economic growth. trillion to $14.6

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Decentralizing the Electric Grid

Andreessen Horowitz

Because of this surge in applications, CAISO, California’s grid operator, was forced to stop accepting any new requests in 2022 , and plans to do so again in 2024. Fortunately, strong economics will likely continue to accelerate deployment; entrepreneurs should seek to connect batteries anywhere they can.

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Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark.