Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant announcement, US chipmaker Nvidia has revealed plans to build a massive $1.5-billion AI data server farm in Israel. According to a report by the Times of Israel, the project is expected to commence by 2027 and be completed by 2031. This substantial investment underscores the company’s commitment to the region and its recognition of Israel’s thriving tech industry.
Nvidia’s CEO, Jensen Huang, expressed his enthusiasm for the project, 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 highlight the strong bond between Nvidia and Israel’s tech community, which has been fostered over the years through various collaborations and investments.
The proposed AI campus will serve as a hub for Nvidia’s artificial intelligence research and development, leveraging Israel’s rich talent pool and innovative ecosystem. The facility will be designed to accommodate cutting-edge data servers, which will enable the company to further advance its AI capabilities and drive innovation in the field.
This investment is a testament to Israel’s reputation as a hotbed for technological innovation, often dubbed the “Startup Nation.” The country’s unique blend of academic excellence, entrepreneurial spirit, and government support has created a fertile ground for tech companies to flourish. Nvidia’s decision to establish a significant presence in Israel is a vote of confidence in the country’s ability to drive technological advancements and provide a skilled workforce.
The $1.5-billion investment will not only boost Israel’s economy but also create new job opportunities for local engineers, researchers, and technicians. As the project progresses, it is expected to have a positive impact on the local community, with potential collaborations between Nvidia and Israeli universities, research institutions, and startups.
Nvidia’s commitment to Israel is not new, as the company has been actively engaged with the local tech community for several years. The company has already established a significant presence in the country, with a number of research and development centers, and has collaborated with various Israeli startups and academia.
The establishment of the AI campus is a strategic move by Nvidia to strengthen its position in the global AI market. As the demand for AI technologies continues to grow, the company is positioning itself to be at the forefront of this revolution. By tapping into Israel’s talent pool and innovative ecosystem, Nvidia aims to drive innovation and stay ahead of the competition.
The project’s timeline, which spans from 2027 to 2031, indicates a long-term commitment by Nvidia to Israel and its tech industry. As the company begins to build its AI campus, it is expected to create a ripple effect, attracting other tech companies and investors to the region.
In conclusion, Nvidia’s announcement to build a $1.5-billion AI data server farm in Israel is a significant development that highlights the country’s growing importance in the global tech industry. With its strong talent pool, innovative ecosystem, and favorable business environment, Israel has become an attractive destination for tech companies looking to establish a presence in the region.
As the project moves forward, it will be exciting to see how Nvidia’s investment will contribute to Israel’s thriving tech industry and drive innovation in the field of artificial intelligence. With its commitment to the region, Nvidia is poised to play a significant role in shaping the future of AI and cementing Israel’s position as a global tech hub.
News Source: https://x.com/RT_com/status/2003085479378620888
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