Categories: TechnologyWorld

Nvidia to build Israeli supercomputer as AI demand soars

Nvidia Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications.

Nvidia, the world’s most valuable listed chip company, said the cloud-based system would cost hundreds of millions of dollars and be partly operational by the end of 2023.

Gilad Shainer, a senior vice president at Nvidia, said Nvidia worked with 800 startups in Israel and tens of thousands of software engineers.

The system, called Israel-1, is expected to deliver performance of up to eight exaflops of AI computing to make it one of the world’s fastest AI supercomputers. One exaflop has the ability to perform 1 quintillion – or 1,000,000,000,000,000,000 – calculations per second.

Shainer said AI was the “most important technology in our lifetime” and that to develop AI and generative AI applications large graphics processing units (GPUs) were needed.

“Generative AI is going everywhere nowadays. You need to be able to run training on large datasets,” he told Reuters, noting companies in Israel will have access to a supercomputer they don’t have today.

“This system is a large scale system that actually will enable them to do training much quicker, to build frameworks and build solutions that can tackle more complex problems.”

OpenAI’s ChatGPT, for example, was created with thousands of Nvidia GPUs.

The system was developed by the former Mellanox team. Nvidia bought Israeli chip designer Mellanox Technologies in 2019 for nearly $7 billion, outbidding Intel Corp.

Shainer said Nvidia’s first priority for the supercomputer was its Israeli partners. “We may use this system to work with partners outside of Israel down the road,” he said.

Last week, Nvidia said it had worked with Britain’s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel and Advanced Micro Devices Inc.

Source

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Capitalising on Europe’s strengths

In recent years, the European economy has shown remarkable resilience, whilst continuing to transform. This…

6 hours ago

Central bank digital currency, the future of money, and politics

A number of concerns have been raised regarding retail central bank digital currency. These range…

6 hours ago

Ray of hope? The rise of solar energy in China

China's solar industry is a poster child for the country’s economic rise over the last…

6 hours ago

Reforming European defence procurement to boost military innovation and startups

European defence procurement practices must evolve to embrace innovative startups and small firms, in order…

6 hours ago

The case for a European Union digital enforcement authority

The European Union's digital rulebook could be better enforced by delegating some of the European…

6 hours ago

The non-fungible token bubble: What investors actually earned

The non-fungible token market exploded in 2021, but by late 2022 prices had collapsed. This…

2 days ago