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. The project, which is expected to begin by 2027 and be completed by 2031, underscores the company’s commitment to the region and its recognition of Israel’s thriving tech industry. According to a report by the Times of Israel, Nvidia’s CEO Jensen Huang has referred to Israel as “Nvidia’s second home,” highlighting the country’s importance in the company’s global operations.
The announcement is a testament to Israel’s reputation as a hub for technological innovation, with the country being home to a large number of startups and established companies in the field of artificial intelligence, cybersecurity, and data analytics. The new AI campus, which will be one of the largest of its kind in the world, will further cement Israel’s position as a leader in the tech industry and provide a significant boost to the country’s economy.
Huang’s statement, “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,” underscores the company’s appreciation for the talent and expertise available in the region. The investment is expected to create thousands of jobs and provide opportunities for local businesses to collaborate with Nvidia on various projects.
The $1.5-billion AI campus will be a state-of-the-art facility, equipped with the latest technology and infrastructure to support the development of AI and data analytics solutions. The campus will serve as a hub for Nvidia’s research and development activities in the region, with a focus on areas such as natural language processing, computer vision, and machine learning.
The project is 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 is also expected to attract other tech companies to the region, further enhancing Israel’s reputation as a hub for technological innovation.
Nvidia’s decision to invest in Israel is not surprising, given the country’s strong track record in the tech industry. Israel is home to a large number of successful startups, including companies such as Wix, Fiverr, and IronSource, which have achieved significant success in the global market. The country’s tech industry is supported by a highly skilled workforce, with a strong emphasis on research and development.
The Israeli government has also been proactive in supporting the tech industry, with initiatives such as the Israel Innovation Authority, which provides funding and support for startups and established companies. The government has also invested heavily in infrastructure, including the development of high-speed internet networks and data centers, which has helped to attract foreign investment to the region.
The announcement of Nvidia’s $1.5-billion AI campus is a significant development for Israel’s tech industry, and is expected to have a lasting impact on the country’s economy. With its strong track record in innovation and its highly skilled workforce, Israel is well-positioned to become a leader in the global tech industry, and Nvidia’s investment is a testament to the country’s potential.
In conclusion, Nvidia’s decision to build a $1.5-billion AI campus in Israel is a significant development for the country’s tech industry, and underscores the company’s commitment to the region. With its strong track record in innovation and its highly skilled workforce, Israel is well-positioned to become a leader in the global tech industry, and Nvidia’s investment is a testament to the country’s potential.
News Source: https://x.com/RT_com/status/2003085479378620888
About the Author
