Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant move that underscores the growing importance of Israel in the global technology landscape, US chipmaker Nvidia has announced plans to build a massive $1.5-billion AI data server farm in the country. According to a report by the Times of Israel, the project is expected to begin by 2027 and be completed by 2031. This ambitious undertaking is a testament to Israel’s reputation as a hub for technological innovation and Nvidia’s commitment to tapping into the country’s vast talent pool.
Nvidia’s CEO, Jensen Huang, was effusive in his praise for Israel, stating, “Israel is home to some of the world’s most brilliant technologists and has become Nvidia’s second home. This investment reflects our deep commitment to our families in Israel.” Huang’s words are a ringing endorsement of Israel’s thriving tech ecosystem, which has earned the country the nickname “Startup Nation.” With a highly skilled workforce, a strong culture of innovation, and a favorable business environment, Israel has become a magnet for tech giants looking to establish a presence in the region.
The proposed AI campus is expected to be a state-of-the-art facility that will serve as a hub for Nvidia’s artificial intelligence research and development activities. The company plans to invest $1.5 billion in the project, which will create hundreds of jobs and stimulate economic growth in the region. The campus will be equipped with cutting-edge infrastructure, including advanced data centers, research laboratories, and collaboration spaces.
Nvidia’s decision to invest in Israel is not surprising, given the country’s impressive track record in the field of artificial intelligence. Israel is home to a large number of AI startups, and the country has produced several notable AI companies, including Mobileye, which was acquired by Intel in 2017 for $15.3 billion. The country’s AI ecosystem is fueled by a combination of factors, including a highly skilled workforce, generous government funding, and a strong culture of innovation.
The establishment of Nvidia’s AI campus in Israel is expected to have a significant impact on the country’s tech industry. The project will create new opportunities for Israeli startups and researchers, and will provide a platform for collaboration between Nvidia and local companies. The campus will also serve as a hub for Nvidia’s global AI research and development activities, providing access to a vast talent pool and a network of partners and collaborators.
Nvidia’s investment in Israel is also a reflection of the country’s growing importance in the global tech landscape. In recent years, Israel has emerged as a major player in the global tech industry, with a large number of startups and scale-ups operating in the country. The country’s tech industry is fueled by a combination of factors, including a highly skilled workforce, generous government funding, and a strong culture of innovation.
The announcement of Nvidia’s AI campus in Israel has been welcomed by the country’s tech community, which sees the project as a significant vote of confidence in the country’s tech ecosystem. The project is expected to have a positive impact on the country’s economy, creating new jobs and stimulating economic growth. The campus will also serve as a hub for Nvidia’s global AI research and development activities, providing access to a vast talent pool and a network of partners and collaborators.
In conclusion, Nvidia’s announcement of a $1.5-billion AI campus in Israel is a significant development that underscores the country’s growing importance in the global tech landscape. The project is a testament to Israel’s reputation as a hub for technological innovation and Nvidia’s commitment to tapping into the country’s vast talent pool. With its highly skilled workforce, strong culture of innovation, and favorable business environment, Israel is an attractive destination for tech giants looking to establish a presence in the region.
As the project moves forward, it will be interesting to see how Nvidia’s AI campus in Israel contributes to the country’s tech ecosystem. With its state-of-the-art infrastructure and cutting-edge research facilities, the campus is expected to become a hub for AI research and development in the region. The project is a significant investment in Israel’s tech industry, and it is expected to have a positive impact on the country’s economy, creating new jobs and stimulating economic growth.
News Source: https://x.com/RT_com/status/2003085479378620888
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