Connect with us

New Jersey

New Jersey’s $500 Million Bid to Become an AI Epicenter

Published

on

New Jersey’s 0 Million Bid to Become an AI Epicenter


New Jersey itself is a home to many large pharmaceutical companies—and if these companies use AI to design new drugs, nearby data centers are vital, Sullivan says.

“If you’re three people at a desk trying to develop the next Google, the next Tesla—in the AI space or in any space—this computing power is scarce. And it’s very valuable. It’s essential,” Sullivan says. So, in addition to any permanent jobs created by these companies, the tax incentives could lead to further growth and innovation for smaller startups, he claims. “The potential for economic impact is off the charts.”

Still, skeptical policy experts say the AI carveout may just be a new bow on an older idea, coming as the AI boom creates a rapid increase in demand for data centers. “There’s just this history of [tax incentive] deals building up the necessary infrastructure for these tech firms and not paying off for the taxpayer,” says Pat Garofalo, director of state and local policy at the American Economic Liberties Project, a nonprofit organization that calls for government accountability. The loss in tax revenue “is often astronomical” when compared to each job created, Garofalo says.

A 2016 report by Tarczynska showed that governments often forego more than $1 million in taxes for each job created when subsidizing data centers that are built by large companies, and many data centers create between 100 and 200 permanent jobs. The local impact may be small, but The Data Center Coalition, an industry group, paints a different picture: Each job at a data center supports more than six jobs elsewhere, a 2023 study it commissioned found.

Advertisement

In other states, a backlash against data centers is growing. Northern Virginia, home to a high concentration of data centers that sit close to Washington, DC, has seen political shifts as people oppose the centers’ growing presence. In May, Georgia’s governor vetoed a bill that would have halted tax breaks for two years as the state studied the energy impact of the centers, which are rapidly expanding near Atlanta.

This hasn’t deterred Big Tech companies’ expansion: In May, Microsoft announced it would build a new AI data center in Wisconsin, making a $3.3 billion investment and partnering with a local technical college to train and certify more than 1,000 students over the next five years to work in the new data center or IT jobs in the region. Google said just a month earlier it would build a $2 billion AI data center in Indiana, which is expected to create 200 jobs. Google will get a 35-year sales tax exemption in return if it makes an $800 million capital investment.

In Europe, the same contradictory approach is playing out: Some cities, including Amsterdam and Frankfurt, where companies have already set up data centers, are pushing new restrictions. In Ireland, data centers now account for one-fifth of the energy used in the country—more than all of the nation’s homes combined—raising concerns over their impact on the climate. Others are seeking out the economic opportunity: The Labour Party in the UK promised to make it easier to build data centers before emerging victorious in the recent UK election.



Source link

Advertisement

New Jersey

Isolated snow showers, wind gusts up to 35 mph in N.J. forecast for Sunday

Published

on

Isolated snow showers, wind gusts up to 35 mph in N.J. forecast for Sunday


Rain will continue through tonight across New Jersey before a cold front passes through Sunday morning, followed by wind gusts up to 35 mph and the chance of isolated snow showers.

The heaviest rain tonight is expected along the southern portions of the state where 1 and 1.5 inches rainfall totals are possible, according to the National Weather Service.

Most other areas of New Jersey should receive around 1 inch of rain, with the northwest portions of the state picking up 0.5 to 0.75 inches.

Heavy rain is expected to soak New Jersey through most of Saturday with rainfall totals up to 1.5 inches expected in the southern half of the state.National Weather Service

Once the rain ends between 6 and 9 a.m. Sunday, conditions should remain cloudy and foggy until a cold front passes through late Sunday morning into early Sunday afternoon.

Advertisement

Temperatures will drop into the upper 30s to low 40s Sunday morning as cold air moves in behind the first cold front.

A secondary cold front will cross New Jersey late Sunday afternoon accompanied by a period of rain and snow showers.

The isolated snow showers are possible mainly from 7 to 11 p.m., the weather service said. Snow accumulations are not expected in New Jersey.

Winds of 15 to 20 mph on Sunday afternoon are expected to increase to 25 to 35 mph by sunset.

Monday’s forecast calls for mainly clear skies with temperatures in the upper 30s to low 40s and winds gradually diminishing.

Advertisement

Tuesday will be milder with above-normal temperatures and mainly clear to partly cloudy skies, with a slight chance of some rain showers possible.

Wednesday’s temperatures will remain above normal with partly cloudy skies and a slight chance of rain showers as a cold front approaches from the west.

N.J. weather: Snow from costal winter storm possible next week
Forecasters are tracking the potential for a coastal storm that could bring snow to New Jersey late next week, or veer out to sea.AccuWeather.com

A potential coastal storm could impact New Jersey with snow on Thursday and Friday, though significant uncertainty remains regarding the exact track and timing of the system, the weather service said.

Some forecast models suggest a significant winter storm while others indicate the system will remain offshore.

N.J. weather: Snow from costal winter storm possible next week
Forecasters are tracking the potential for a coastal storm that could bring snow to New Jersey late next week, or veer out to sea.AccuWeather.com

A colder air mass is forecast to move into New Jersey by late next week and into the following weekend.

Current weather radar



Source link

Advertisement
Continue Reading

New Jersey

NJ officers surprised with Eagles playoffs tickets for saving boy who fell through ice

Published

on

NJ officers surprised with Eagles playoffs tickets for saving boy who fell through ice


Officers in Gloucester County, New Jersey, got a big surprise on Friday morning.

A representative from Dunkin’ gave them free tickets to this weekend’s Eagles playoff game as a huge thank you for their courageous actions last weekend.

It was a tense scene in Woolwich Township when officers used ropes and went into a frozen body of water to save a child who had fallen through the ice.

“As soon as he started screaming that he couldn’t feel his hands, I just went out there and tried to go get him,” Sgt. Joseph Rieger said. “Immediately thought of my own son and what I would have done with my own son- just go out and get him as soon as I could.”

Advertisement

The boy was screaming and was not able to grab onto the rope that the officers had thrown to him.

“I try to get him the rescue rope but he can’t hold it because his hands aren’t working. So I go to grab him out of the awter and we both go into the water. So I was able to stand up and throw him on top of the ice and start breaking my way back,” Rieger explained.

The team was able to get the 13-year-old out of the frozen water with no one getting hurt.

Then, Dunkin’ showed up to the police department for Law Enforcement Appreciation Day and praised their actions by giving them tickets to Sunday’s Eagles playoff game against the 49ers.

“This is my job. It was what I signed up to do so getting this kind of attention, I’m not used to it. I’m very appreciative and very excited,” Rieger said.

Advertisement

The officers said that if there’s anything to take away from this story, it’s to stay off of the ice.

Thankfully, the boy they saved is doing just fine and stopped by the police department earlier this week to thank them.

“It was awesome. It was nice to see that he was safe. He learned his lesson. He was very appreciative,” Rieger said.



Source link

Advertisement
Continue Reading

New Jersey

Police investigate fatal stabbing in Mercer County

Published

on

Police investigate fatal stabbing in Mercer County


EWING TWP., N.J. (WPVI) — Police are searching for a suspect who fatally stabbed a man in Mercer County, New Jersey.

It happened around 5:20 p.m. Thursday on the unit block of New Hillcrest Avenue in Ewing Township.

When police arrived, they found a 40-year-old man lying in the street with several stab wounds to the torso.

He was transported to Capital Health Regional Medical Center, where he later died.

Advertisement

The victim has been identified as Jimmy Chase from Philadelphia.

So far, no arrests have been made.

Anyone who has any information on this case is asked to call Mercer County detectives at 609-989-6406.

You can also submit an anonymous tip online at MercerCountyProsecutor.com.

Copyright © 2026 WPVI-TV. All Rights Reserved.

Advertisement



Source link

Continue Reading

Trending