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. The project, which is expected to begin by 2027 and be completed by 2031, underscores the company’s deep commitment to the region and its thriving tech industry. According to Nvidia’s CEO, Jensen Huang, Israel has become the company’s “second home” due to its rich pool of talented technologists.
The announcement has sent shockwaves of excitement throughout the tech community, with many hailing it as a major coup for Israel’s economy. The new AI campus will not only create new job opportunities but also cement Israel’s position as a global hub for artificial intelligence and data science. As Huang aptly put it, “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 $1.5-billion investment is a testament to Nvidia’s faith in Israel’s tech ecosystem, which has been thriving in recent years. The country has emerged as a hotspot for startups and innovation, with many major tech companies, including Google, Microsoft, and Intel, having a significant presence there. Nvidia’s decision to build a massive AI campus in Israel is a natural progression of this trend, and it is expected to have a significant impact on the country’s economy.
The new AI campus will be a state-of-the-art facility, equipped with the latest technology and infrastructure to support Nvidia’s cutting-edge research and development activities. The company plans to use the campus to develop and test its AI technologies, including its popular deep learning platform, which has been widely adopted across various industries. The campus will also serve as a hub for Nvidia’s collaborations with Israeli startups and research institutions, further solidifying the company’s ties with the local tech community.
Nvidia’s investment in Israel is not limited to the new AI campus. The company has been actively engaged with the local tech community for several years, with a number of partnerships and collaborations with Israeli startups and research institutions. Nvidia has also been a major supporter of Israel’s tech ecosystem, providing funding and resources to help local startups grow and succeed.
The significance of Nvidia’s investment in Israel cannot be overstated. The company’s decision to build a massive AI campus in the country is a vote of confidence in Israel’s tech industry and a testament to the country’s growing reputation as a hub for innovation and entrepreneurship. As Huang noted, Israel has become Nvidia’s “second home,” and the company is committed to supporting the local tech community and contributing to the country’s economic growth.
The economic impact of Nvidia’s investment in Israel is expected to be substantial. The new AI campus will create hundreds of new job opportunities, both directly and indirectly, and will contribute significantly to the country’s GDP. The project will also help to stimulate innovation and entrepreneurship in the region, as Nvidia’s presence is likely to attract other tech companies and investors to the area.
In addition to the economic benefits, Nvidia’s investment in Israel is also expected to have a significant impact on the country’s tech industry. The new AI campus will provide a hub for innovation and collaboration, bringing together some of the brightest minds in the industry to develop and test new AI technologies. The campus will also serve as a center for education and training, providing opportunities for Israeli students and professionals to develop their skills and expertise in AI and data science.
In conclusion, Nvidia’s announcement to build a $1.5-billion AI campus in Israel is a significant development that underscores the company’s commitment to the region and its thriving tech industry. The new campus will not only create new job opportunities and stimulate economic growth but also cement Israel’s position as a global hub for artificial intelligence and data science. As Huang noted, Israel has become Nvidia’s “second home,” and the company is committed to supporting the local tech community and contributing to the country’s economic growth.
News Source: https://x.com/RT_com/status/2003085479378620888
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