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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 two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies.

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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. million Series A round led by Mohammad Islam of Threshold Ventures (formerly known as DFJ). AME Cloud Ventures also participated in the round, as did an undisclosed strategic customer.