Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant development that highlights 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 is slated to be completed by 2031. This investment is a testament to the country’s thriving tech industry and its reputation as a hub for innovation and talent.
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.” These words underscore the strong bond between Nvidia and Israel, which has been fostered over the years through various collaborations and investments.
The proposed AI campus is expected to be a state-of-the-art facility, equipped with cutting-edge technology and infrastructure to support the development of artificial intelligence and data analytics. The project will not only create new job opportunities but also contribute to the growth of Israel’s economy. The campus will serve as a hub for Nvidia’s AI research and development activities, leveraging the country’s rich talent pool and expertise in the field.
Israel has long been recognized as a leader in the tech industry, with a thriving startup ecosystem and a highly skilled workforce. The country is home to numerous tech giants, including Google, Microsoft, and Intel, which have established significant operations in the country. Nvidia’s investment is a further endorsement of Israel’s reputation as a hub for innovation and technology.
The $1.5-billion investment is a significant commitment by Nvidia, demonstrating the company’s confidence in Israel’s tech industry and its potential for growth. The project is expected to have a positive impact on the local economy, with the potential to create thousands of new jobs and stimulate economic activity.
Nvidia’s decision to establish a major AI campus in Israel is also a reflection of the country’s strategic location, which provides access to key markets in Europe, Asia, and the Middle East. The campus will enable Nvidia to tap into the region’s vast talent pool, collaborate with local startups and research institutions, and capitalize on emerging opportunities in the AI and data analytics space.
The project is also expected to have a positive impact on the environment, with Nvidia committing to building a sustainable and energy-efficient facility. The company has pledged to use renewable energy sources and reduce its carbon footprint, ensuring that the campus is not only a hub for innovation but also a model for sustainable development.
In conclusion, Nvidia’s announcement to build a $1.5-billion AI campus in Israel is a significant development that highlights the country’s growing importance in the global tech industry. The project is a testament to the strong bond between Nvidia and Israel, and it reflects the company’s commitment to investing in the country’s talent and innovation ecosystem. As the project progresses, it is expected to have a positive impact on the local economy, create new job opportunities, and contribute to the growth of Israel’s tech industry.
News Source: https://x.com/RT_com/status/2003085479378620888
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