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. This ambitious project is expected to begin by 2027 and be completed by 2031, according to a report by the Times of Israel. The announcement was made by Nvidia’s CEO, Jensen Huang, who expressed his company’s deep commitment to the Israeli technology sector.
During the announcement, Huang referred to Israel as “Nvidia’s second home,” highlighting the country’s reputation as a hub for technological innovation. He stated, “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.” This statement underscores the strong bond between Nvidia and Israel’s tech industry, which has been fostered over the years through various collaborations and investments.
The proposed AI campus is a testament to Israel’s growing importance in the global technology landscape. The country has established itself as a hotbed for startups and innovation, with many major tech companies, including Nvidia, having a significant presence there. The new AI campus will further solidify Israel’s position as a leader in the development of artificial intelligence and data analytics.
The $1.5-billion investment is a significant vote of confidence in Israel’s tech ecosystem. The campus will serve as a hub for Nvidia’s AI research and development, providing a platform for the company to collaborate with local startups, academics, and industry experts. This collaboration is expected to drive innovation and lead to the development of new AI-powered technologies.
The construction of the AI campus is expected to begin by 2027, with completion slated for 2031. The project will create new job opportunities and stimulate economic growth in the region. The campus will be equipped with state-of-the-art infrastructure, including advanced data centers, research facilities, and collaboration spaces.
Nvidia’s investment in Israel is not surprising, given the country’s strong track record in technological innovation. Israel has a highly skilled workforce, with a strong emphasis on science, technology, engineering, and mathematics (STEM) education. The country is also home to a thriving startup ecosystem, with many successful companies in the fields of AI, cybersecurity, and data analytics.
The partnership between Nvidia and Israel is a win-win for both parties. Nvidia gains access to a talented pool of technologists and a vibrant startup ecosystem, while Israel benefits from the investment, job creation, and technological expertise that Nvidia brings to the table.
The announcement has been welcomed by the Israeli government, which has been actively promoting the country’s tech industry through various initiatives and investments. The government has created a favorable business environment, with tax incentives, funding for startups, and investments in infrastructure.
In conclusion, Nvidia’s announcement to build a $1.5-billion AI campus in Israel is a significant development that underscores the country’s importance in the global tech landscape. The project is a testament to the strong bond between Nvidia and Israel’s tech industry, and it is expected to drive innovation, create jobs, and stimulate economic growth. As Jensen Huang stated, Israel has become Nvidia’s second home, and this investment reflects the company’s deep commitment to the country’s tech ecosystem.
News Source: https://x.com/RT_com/status/2003085479378620888
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