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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. Equity investments of up to $1 million will be made in at least 15 percent of participating companies. Pending approval by its Board, the NJEDA intends to invest up to $17.5

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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. We felt that there was an opportunity to focus outside of cell phones,” Ravuri said, which is what Qualcomm was heavily invested in given its dominance in 4G technologies.