What's Happening?
Mega Or and Nebius have unveiled a $300 million data center in Modi'in, Israel, aimed at powering the country's AI sector. This facility is the largest AI computing center in Israel, with 25% of its capacity
allocated to the Israel Innovation Authority for operating the national supercomputer. The data center is expected to significantly enhance Israel's capabilities in artificial intelligence, providing the necessary infrastructure to support advanced AI research and development.
Why It's Important?
The establishment of this data center is a major boost for Israel's AI industry, positioning the country as a leader in AI technology and innovation. By providing substantial computing power, the center will enable Israeli companies and researchers to develop cutting-edge AI applications, potentially leading to breakthroughs in various fields such as healthcare, cybersecurity, and autonomous systems. The collaboration with the Israel Innovation Authority ensures that national interests are prioritized, fostering a robust ecosystem for AI development and attracting global investments.
