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 at the very least $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 challenge.

Nvidia is within the technique 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, america and Europe.

To indicate 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 concentrate on 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 Govt 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 large funding. It’s the strongest supercomputer within the UK, and researchers are tremendous enthusiastic about it.”

© Thomson Reuters 2021

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