London, United Kingdom – This week, Governor Phil Murphy, along with First Lady Tammy Murphy and a delegation from New Jersey, embarked on an ambitious economic mission to the United Kingdom, organized by Choose New Jersey. This strategic trip aims to deepen and enhance the economic ties between New Jersey and the UK, specifically targeting key growth sectors including life sciences, financial services, artificial intelligence, media, and clean energy. On Thursday, the delegation engaged in vital discussions in the bustling capital of London, setting the stage for fruitful collaborations and investments.
Governor Murphy Featured in Keynote Interview at Financial Times’ Future of AI Summit
During the high-profile Future of AI Summit, hosted by the esteemed Financial Times, Governor Murphy took center stage in a pivotal keynote interview. He underscored New Jersey’s commitment to cultivating a thriving AI innovation ecosystem, spotlighting initiatives such as the Princeton AI Hub and the statewide tax incentive program, Next New Jersey, which is administered by the New Jersey Economic Development Authority. In a compelling dialogue with Financial Times Technology News Editor Murad Ahmed, the Governor discussed the transformative potential of AI in both the United States and the UK, emphasizing the importance of ethical AI development that ensures equitable benefits for all societal members.
Governor Murphy, First Lady Tammy Murphy, and the Choose New Jersey Delegation Attend Business Roundtable with Wilson Sonsini Goodrich & Rosati LLP
In a significant development for New Jersey’s economic prospects, Governor Murphy, First Lady Tammy Murphy, and the Choose New Jersey Delegation engaged in a roundtable discussion with Wilson Sonsini Goodrich & Rosati LLP, renowned as the premier legal advisor for technology, life sciences, and innovative growth enterprises across the globe. The Governor passionately highlighted the unique advantages of establishing and expanding business operations within New Jersey’s Biotech, MedTech, and HealthTech sectors. He emphasized the state’s strategic geographic position, robust infrastructure, and the exceptional talents of its workforce, which together create an unparalleled business environment.
**Interview with Governor Phil Murphy on the New Jersey Economic Mission to the UK**
**Interviewer:** Thank you for joining us, Governor Murphy. You’ve just returned from an important economic mission to the UK. Can you tell us about the goals of this trip?
**Governor Murphy:** Absolutely, and thank you for having me. The primary aim of our mission to the UK is to strengthen the economic ties between New Jersey and the UK, focusing on key sectors like life sciences, financial services, artificial intelligence, media, and clean energy. We believe that by collaborating with UK businesses and government, we can create new opportunities for investment and growth in New Jersey.
**Interviewer:** That sounds promising. What specific outcomes are you hoping to achieve from the meetings you held in London?
**Governor Murphy:** We held a series of discussions with industry leaders and officials that were aimed at identifying shared goals and potential partnerships. We aim to attract foreign direct investment into New Jersey, which can create jobs and support our key industries. Additionally, we want to establish long-term relationships that foster innovation and economic development.
**Interviewer:** Can you elaborate on the sectors you mentioned? Why are those sectors particularly important for New Jersey?
**Governor Murphy:** Certainly. These sectors are critical drivers of our state’s economy. For instance, the life sciences industry is one of New Jersey’s largest sectors, home to numerous pharmaceuticals and biotech companies. Financial services are essential for stability and growth, while AI and media represent the future of technology and innovation. clean energy is crucial for sustainability and aligning with our climate goals. Investing in these areas not only secures economic growth but also positions us as a leader in these emerging fields.
**Interviewer:** What are the next steps following this mission?
**Governor Murphy:** The next steps involve following up on the discussions we had. Our team will work on cultivating the relationships we’ve built and turning conversations into tangible commitments. We are also looking to provide resources and support to businesses interested in expanding or investing in New Jersey.
**Interviewer:** Thank you, Governor Murphy. It seems like a pivotal step for New Jersey and its economic future.
**Governor Murphy:** Thank you. We are excited about the possibilities ahead and remain committed to making New Jersey a prime destination for investment and innovation.
