Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant development 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. According to a report by the Times of Israel, the project is expected to begin by 2027 and be completed by 2031. This investment is a testament to the country’s thriving tech ecosystem and its reputation as a hub for innovation.
Nvidia’s CEO, Jensen Huang, was effusive in his praise for Israel, calling it “Nvidia’s second home.” He said, “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.” Huang’s statement highlights the strong bond between Nvidia and Israel, which has been fostered over the years through various collaborations and investments.
The proposed AI campus will be a state-of-the-art facility that will serve as a hub for Nvidia’s artificial intelligence research and development activities. The company plans to leverage Israel’s rich talent pool and cutting-edge infrastructure to drive innovation in the field of AI. The campus will be equipped with the latest technologies and will provide a collaborative environment for researchers, engineers, and scientists to work together on developing new AI solutions.
This investment is a significant boost to Israel’s economy and is expected to create new job opportunities in the tech sector. The country has already established itself as a major player in the global tech industry, with many top companies having a presence there. Nvidia’s decision to invest in Israel is a vote of confidence in the country’s tech ecosystem and is likely to attract other companies to follow suit.
The AI campus will also provide a platform for Nvidia to work closely with Israeli startups and academia, which are known for their innovative spirit and entrepreneurial drive. The company plans to collaborate with local universities and research institutions to develop new AI technologies and applications. This collaboration will not only benefit Nvidia but also contribute to the growth of Israel’s tech industry as a whole.
Nvidia’s investment in Israel is also a reflection of the country’s strategic location, which provides access to both European and Asian markets. The company’s presence in Israel will enable it to tap into these markets and expand its customer base. Additionally, the country’s highly skilled workforce and favorable business environment make it an attractive destination for foreign investment.
The announcement of the AI campus has been welcomed by the Israeli government, which has been actively promoting the country as a hub for tech innovation. The government has implemented various initiatives to support the growth of the tech industry, including tax incentives, funding for startups, and investments in infrastructure. Nvidia’s investment is a testament to the success of these initiatives and is likely to encourage other companies to invest in Israel.
In conclusion, Nvidia’s decision to build a $1.5-billion AI data server farm in Israel is a significant development that highlights the country’s importance in the global tech industry. The investment is a vote of confidence in Israel’s tech ecosystem and is expected to create new job opportunities and drive innovation in the field of AI. As Jensen Huang said, “Israel is home to some of the world’s most brilliant technologists and has become Nvidia’s second home.” This investment reflects Nvidia’s deep commitment to its presence in Israel and is likely to have a positive impact on the country’s economy and tech industry.
Source: https://x.com/RT_com/status/2003085479378620888
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