AI infrastructure

Next New Jersey Manufacturing Program bill signing
Jun 18, 2026

NJEDA awards first Next NJ Manufacturing tax credit

NJEDA awards first Next NJ Manufacturing tax credit to Starman New Photonics for its $150 million AI manufacturing project set for Somerset County.

Gov. Phil Murphy signed legislation into law July 25 establishing the Next New Jersey Program, which aims to attract new investment into the state’s AI industry, providing up to $500 million in tax credits for AI businesses. The signing took place at CoreWeave in Roseland.
Jun 15, 2026

CoreWeave to join Nasdaq-100 after rapid AI growth

CoreWeave will join the Nasdaq-100, marking a milestone for the New Jersey AI infrastructure company after its 2025 IPO.

CoreWeave is a Livingston-based specialized GPU cloud provider.
Mar 5, 2026

CoreWeave partners with Perplexity AI to scale inference

CoreWeave is teaming with Perplexity AI to support next-gen inference workloads on its AI cloud, offering high-performance, low-latency infrastructure.

Gov. Phil Murphy signed legislation into law July 25 establishing the Next New Jersey Program, which aims to attract new investment into the state’s AI industry, providing up to $500 million in tax credits for AI businesses. The signing took place at CoreWeave in Roseland.
Oct 7, 2025

CoreWeave to acquire Monolith AI for industrial cloud growth

The target brings machine learning tools to the Livingston-based buyer to help accelerate product design for the sector as well as manufacturing enterprises.

Gov. Phil Murphy met with the CoreWeave team in Roseland on April 9, 2024.
Sep 30, 2025

CoreWeave inks $14.2B AI cloud deal with Meta

Under the latest pact, the Livingston-based business will help the new partner expand its Nvidia-powered services amid soaring demand for AI computing.