Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant move that underscores 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. The project, which is expected to begin by 2027 and be completed by 2031, is a testament to Israel’s reputation as a hub for technological innovation and expertise. According to a report by the Times of Israel, Nvidia’s CEO Jensen Huang 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 reflects our deep…commitment to our families in Israel.”
The announcement is a significant boost to Israel’s economy and reinforces the country’s position as a leading destination for foreign investment in the technology sector. The $1.5-billion AI campus will be one of the largest investments in Israel’s history, and it is expected to create thousands of jobs in the field of artificial intelligence, data science, and related technologies. The project will also contribute to the development of Israel’s infrastructure, with a focus on creating a state-of-the-art data center that will serve as a hub for Nvidia’s global operations.
Nvidia’s decision to invest in Israel is not surprising, given the country’s reputation for producing highly skilled and innovative technologists. Israel is often referred to as the “Startup Nation,” with a thriving ecosystem of startups, research institutions, and multinational companies that are driving innovation in fields such as AI, cybersecurity, and data analytics. The country’s strong education system, which emphasizes science, technology, engineering, and mathematics (STEM) fields, has produced a talented pool of engineers, scientists, and entrepreneurs who are in high demand by global technology companies.
The $1.5-billion AI campus will be a major hub for Nvidia’s AI research and development activities, with a focus on developing new technologies and products that will drive the growth of the company’s business. The campus will be equipped with state-of-the-art facilities, including data centers, research labs, and collaboration spaces, and will provide a platform for Nvidia’s engineers and scientists to work with Israeli startups, academia, and industry partners to develop new AI technologies.
The project is also expected to have a significant impact on Israel’s economy, with estimates suggesting that it will contribute billions of dollars to the country’s GDP over the next decade. The investment will also create new opportunities for Israeli companies to collaborate with Nvidia and other global technology companies, which will help to drive the growth of the country’s technology sector.
In addition to the economic benefits, the $1.5-billion AI campus will also contribute to the development of Israel’s AI ecosystem, which is already one of the most advanced in the world. The campus will provide a platform for Israeli startups and researchers to work with Nvidia’s experts and gain access to the company’s cutting-edge AI technologies, which will help to drive innovation and entrepreneurship in the field.
Nvidia’s investment in Israel is also a testament to the country’s strong relationship with the US technology industry. Many US companies, including Google, Facebook, and Microsoft, have already established a presence in Israel, and the country has become a key hub for US companies looking to tap into the region’s talent and innovation.
In conclusion, Nvidia’s announcement of a $1.5-billion AI campus in Israel is a significant move that underscores the country’s importance in the global technology landscape. The project will create thousands of jobs, drive innovation and entrepreneurship, and contribute to the development of Israel’s AI ecosystem. As Jensen Huang, Nvidia’s CEO, stated, “Israel is home to some of the world’s most brilliant technologists and has become Nvidia’s second home.” The investment is a testament to the strong relationship between the US technology industry and Israel, and it is expected to have a lasting impact on the country’s economy and technology sector.
News Source: https://x.com/RT_com/status/2003085479378620888
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