High-Tech
On Apr 24, 2025
Choose New Jersey has partnered with Foundry, an AI cloud platform, to provide AI startups in New Jersey with priority access to compute. This initiative eliminates a major barrier for early-stage AI companies, ensuring they have the resources needed to scale and compete on a national and global level.
Choose New Jersey’s partnership with Foundry provides AI startups in the New Jersey ecosystem with affordable and scalable GPU infrastructure, helping them compete in an industry where limited access to compute is a primary barrier to success.
Through this partnership, Foundry will offer Choose New Jersey startups:
- Priority Compute Access – Startups participating via Choose New Jersey will have priority access to a GPU compute cluster provided by Foundry.
- Cost Efficiency – The initiative offers highly advantageous pricing for early-stage companies.
- Scalability – Companies can seamlessly scale to meet their capacity needs with hourly reservations and always-available spot instances..
- Comprehensive Support – Foundry will provide ongoing customer support to ensure a seamless customer experience.
“Compute access shouldn’t be the bottleneck for innovation,” said Jared Quincy Davis, Founder and CEO of Foundry. “We’re partnering with Choose New Jersey to empower the next generation of AI startups with the infrastructure they need — when they need it. This initiative removes the friction that too often slows early-stage companies and allows them to focus on what matters most: building transformative technology.”
By eliminating the need for complex negotiations and long-term contracts typically required by larger cloud providers, this initiative simplifies the process for startups to access compute and focus on innovation.
Startups interested in leveraging this opportunity can contact Choose New Jersey to begin the application process. Foundry will work closely with eligible companies to onboard them onto the platform and provide ongoing support to ensure their success.
“New Jersey is committed to fostering a thriving AI ecosystem, and access to scalable, affordable compute is a critical factor for early-stage companies looking to grow and compete,” said Wesley Mathews, president & CEO of Choose New Jersey. “Our partnership with Foundry removes a major barrier for AI startups, ensuring they have the infrastructure to drive innovation right here in New Jersey.”
“Artificial intelligence is transforming industries, and New Jersey ensures that AI companies have the critical resources they need to drive innovation,” said Tim Crouch, chief strategy officer of Choose New Jersey and executive director of the New Jersey West Coast Center. “Access to scalable, high-performance compute is a game-changer for startups looking to train and deploy advanced models. Through this partnership with Foundry, we are eliminating a major hurdle for early-stage AI companies, giving them a competitive edge and reinforcing New Jersey’s position as a leading hub for AI development.”
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