UP

Nvidia invests $500M in Israeli AI hub

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto
Nvidia invests $500M in Israeli AI hub

Nvidia is set to invest over $500 million in a new AI research and engineering center at the Mevo Carmel Science and Industry Park near Yokne’am, Israel.

Axar.az, citing Times of Israel, reports that the 10,000-square-meter facility, expected to open in the first half of 2025, will feature cutting-edge AI infrastructure, including Nvidia’s latest Blackwell chips and advanced data processing units developed in Israel. The center will support Nvidia’s R&D efforts, focusing on next-generation networking, software technologies, and CPU design.

Nvidia’s Israel operations are its largest outside the US, employing over 4,500 workers across seven R&D centers. The company recently acquired Israeli startup Run:ai for $700 million and previously bought Mellanox Technologies for $7 billion in 2020. Nvidia also launched Israel-1, the country’s most powerful AI supercomputer, in 2023.

Date
2025.01.15 / 18:50
Author
Axar.az
See also

China unveils plan for crewed Moon landing before 2030

Musk adopts Trump’s term 'superintelligence' for AI

Anthropic warns AI may pose existential risks to humanity

Anthropic considers new AI launch ahead of potential IPO

OpenAI expects to burn $280 billion by 2030

Apple unveils iPhone 18 Pro and iPhone 18 Pro Max

WhatsApp introduces new account security features

Meta agrees to pay up to $18B to settle child safety case

Bill Gates proposes major limits on AI development

Germany, Azerbaijan working on new green hydrogen project

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla