Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant move that highlights the growing importance of Israel in the global tech industry, US chipmaker Nvidia has announced plans to build a massive $1.5-billion AI data server farm in the country. The project, which is expected to begin by 2027 and be completed by 2031, is a testament to Israel’s thriving tech ecosystem and its reputation as a hub for innovation and talent. According to a report by the Times of Israel, Nvidia’s CEO Jensen Huang has expressed his enthusiasm for the project, stating that “Israel is home to some of the world’s most brilliant technologists and has become Nvidia’s second home.”
This investment is a significant milestone for Nvidia, which has been actively expanding its presence in Israel in recent years. The company has already established a strong foothold in the country, with a number of research and development centers and partnerships with local universities and startups. The new AI campus will further cement Nvidia’s commitment to Israel and provide a major boost to the country’s tech industry.
The $1.5-billion investment is one of the largest of its kind in Israel, and it reflects Nvidia’s confidence in the country’s ability to deliver cutting-edge technology and talent. The AI data server farm will be a state-of-the-art facility that will provide Nvidia with the infrastructure it needs to develop and deploy its AI technologies. The campus will be designed to accommodate a large team of researchers, engineers, and developers, who will work on developing new AI technologies and applications.
Huang’s statement that Israel has become Nvidia’s “second home” is a significant endorsement of the country’s tech industry. Israel has long been known for its vibrant startup scene and its ability to produce innovative technologies and companies. The country’s strong education system, highly skilled workforce, and favorable business environment have made it an attractive destination for tech companies looking to establish a presence in the region.
Nvidia’s investment in Israel is also a reflection of the country’s growing importance in the global AI landscape. Israel has become a hub for AI research and development, with a number of top universities and research institutions, as well as a thriving community of AI startups and entrepreneurs. The country’s expertise in areas such as computer vision, natural language processing, and machine learning has made it an attractive location for companies looking to develop and deploy AI technologies.
The new AI campus will provide Nvidia with a significant presence in the Israeli tech ecosystem, and it will enable the company to tap into the country’s talent pool and expertise. The campus will also provide opportunities for collaboration and partnership with local universities, research institutions, and startups, which will help to drive innovation and growth in the AI sector.
The project is expected to have a significant impact on the Israeli economy, with estimates suggesting that it will create thousands of new jobs and generate significant revenue for the country. The investment will also help to stimulate growth and development in the tech sector, which is a key driver of Israel’s economy.
In conclusion, Nvidia’s announcement of 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 investment reflects Nvidia’s commitment to Israel and its recognition of the country’s expertise and talent in the AI sector. As Huang stated, “This investment reflects our deep…commitment to our families in Israel.” The project is expected to have a major impact on the Israeli economy and will help to cement the country’s reputation as a hub for innovation and technology.
News Source: https://x.com/RT_com/status/2003085479378620888
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