article thumbnail

Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The Strategic Innovation Center (SIC) will serve as a hub for financial technology (fintech) and insurance technology (insuretech) startups.

article thumbnail

EdgeQ raises $51 million to fuse AI compute and 5G within a single chip

TechCrunch

One way to get all these technologies into single devices is just to agglomerate a bunch of off-the-shelf silicon chips and jam them into a product. Most notably, they have power constraints, which means that they often can’t include five chips on board, but rather need one single chip that can use power extremely efficiently.