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2024-07-26 11:00:14
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AIbase
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10.6k
New Jersey Unveils $5 Billion Tax Incentive Plan Aiming to Become an AI Hub
New Jersey has launched a $5 billion tax incentive plan aimed at positioning the state as a hub for artificial intelligence innovation in the United States. The governor has signed legislation that offers tax credits and financial support to eligible AI companies, requiring them to establish operations in the state and hire a certain number of employees. This plan aims to attract AI companies, increase job opportunities, and boost economic development; however, it is important to note that tax incentives may not necessarily lead to significant job creation, particularly in specific industries such as data centers.
2023-11-21 10:22:33
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New Jersey Introduces AI Policy Guiding State Employees in the Use of Generative AI
New Jersey Governor Phil Murphy has announced a new policy to guide state government employees in the use of generative artificial intelligence. The policy will provide training courses to help employees understand the development, use, and risks associated with AI. It requires appropriate use and transparency of generative AI tools and mandates independent fact-checking of their outputs.