{"id":15530,"date":"2023-05-30T04:41:03","date_gmt":"2023-05-30T08:41:03","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/nvidia-to-build-israeli-supercomputer-as-ai-demand-soars\/"},"modified":"2023-05-30T04:41:03","modified_gmt":"2023-05-30T08:41:03","slug":"nvidia-to-build-israeli-supercomputer-as-ai-demand-soars","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=15530","title":{"rendered":"Nvidia to build Israeli supercomputer as AI demand soars"},"content":{"rendered":"
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\u00a9 Reuters. FILE PHOTO: The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA\/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT\/File Photo<\/span>
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By Steven Scheer<\/p>\n

JERUSALEM (Reuters) – Nvidia (NASDAQ:) Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications.<\/p>\n

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.<\/p>\n

Gilad Shainer, a senior vice president at Nvidia, said Nvidia worked with 800 startups in Israel and tens of thousands of software engineers.<\/p>\n

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.<\/p>\n

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.<\/p>\n

“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.<\/p>\n

“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.”<\/p>\n

OpenAI’s ChatGPT, for example, was created with thousands of Nvidia GPUs.<\/p>\n

The system was developed by the former Mellanox (NASDAQ:) team. Nvidia bought Israeli chip designer Mellanox Technologies in 2019 for nearly $7 billion, outbidding Intel Corp <\/span><\/span> (NASDAQ:).<\/p>\n

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.<\/p>\n

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 (NASDAQ:) Inc. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. FILE PHOTO: The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA\/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT\/File Photo By Steven Scheer JERUSALEM (Reuters) – Nvidia (NASDAQ:) Corp said on Monday it was building Israel’s most […]<\/p>\n","protected":false},"author":1,"featured_media":15531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-15530","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nNvidia to build Israeli supercomputer as AI demand soars | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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