Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant development, US chipmaker Nvidia has announced plans to build a massive $1.5-billion AI data server farm in Israel, which is expected to begin by 2027 and be completed by 2031, as reported by the Times of Israel. This move underscores the company’s deep commitment to the region, with CEO Jensen Huang referring to Israel as “Nvidia’s second home”.
According to Huang, “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.” The announcement highlights the strategic importance of Israel in Nvidia’s global operations, as the company seeks to tap into the country’s rich talent pool and cutting-edge technology ecosystem.
The proposed AI campus is expected to be a state-of-the-art facility, designed to drive innovation and advancements in artificial intelligence, machine learning, and data analytics. The $1.5-billion investment will not only create new job opportunities but also contribute significantly to Israel’s economy. The campus will serve as a hub for Nvidia’s AI research and development activities, fostering collaboration between Israeli scientists, engineers, and industry experts.
Nvidia’s decision to invest in Israel is a testament to the country’s thriving tech industry, which has earned the nickname “Startup Nation”. Israel is home to a large number of startups, many of which are focused on AI, cybersecurity, and data analytics. The country’s unique ecosystem, which combines academic excellence, entrepreneurial spirit, and government support, has created a hotbed of innovation, attracting major tech companies like Nvidia.
The new AI campus will be designed to accommodate a wide range of activities, including research and development, testing, and validation of AI systems. It will also provide a platform for Nvidia to work closely with Israeli startups, universities, and research institutions, driving innovation and knowledge-sharing in the field of AI.
The announcement has been welcomed by Israeli officials, who see it as a significant vote of confidence in the country’s tech industry. The investment is expected to have a positive impact on the local economy, creating new opportunities for Israeli companies and professionals to engage with Nvidia and other global tech leaders.
Nvidia’s investment in Israel is also seen as a strategic move to strengthen its position in the global AI market. The company is already a leader in the development of AI computing hardware and software, and the new campus will enable it to further accelerate its AI research and development activities.
The $1.5-billion investment is a significant commitment, demonstrating Nvidia’s long-term vision for its operations in Israel. The company has already established a strong presence in the country, with a number of research and development centers and partnerships with local universities and startups.
As the global AI market continues to grow, Nvidia’s investment in Israel is expected to play a key role in driving innovation and advancements in the field. The new AI campus will provide a unique platform for Israeli scientists, engineers, and entrepreneurs to collaborate with Nvidia experts, driving the development of new AI technologies and applications.
In conclusion, Nvidia’s announcement to build a $1.5-billion AI data server farm in Israel is a significant development, highlighting the company’s commitment to the region and its thriving tech industry. With Israel serving as “Nvidia’s second home”, the company is well-positioned to tap into the country’s rich talent pool and cutting-edge technology ecosystem, driving innovation and advancements in AI, machine learning, and data analytics.
News Source: https://x.com/RT_com/status/2003085479378620888
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