Nvidia to Make investments at Least $100 Million in UK Supercomputer, CEO Jensen Huang Says

Nvidia’s chief govt on Thursday stated the corporate will spend a minimum of $100 million (roughly Rs. 740 crores) on a supercomputer in the UK.

Talking at The Six 5 Summit, CEO Jensen Huang stated Nvidia will spend “$100 million (roughly Rs. 740 crores), simply as a place to begin” on the Cambridge-1 supercomputer.

Nvidia had stated in October it deliberate to spend about $55.6 million (roughly Rs. 410 crores) on the venture.

Nvidia is within the means of buying UK-based chip know-how agency Arm for $40 billion (roughly Rs. 2,96,840 crores) from Japan’s SoftBank. The deal faces pushback from Nvidia’s rivals and is below regulatory scrutiny in the UK, the USA and Europe.

To point out its dedication to Arm’s UK operations, Santa Clara, California-based Nvidia stated in October it was constructing the UK’s strongest supercomputer in Cambridge, the place Arm is headquartered, to give attention to fixing healthcare and synthetic intelligence issues.

At The Six 5 summit, Huang was requested about Nvidia’s funding plans in the UK throughout a joint interview with Arm Chief Government Simon Seagars.

“Cambridge-1, that supercomputing centre is, name it a $100 million (roughly Rs. 740 crores), simply as a place to begin,” Huang stated. “I imply, it is a massive funding. It’s the strongest supercomputer within the UK, and researchers are tremendous enthusiastic about it.”

© Thomson Reuters 2021

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