- tech360.tv
Israel to Construct Supercomputer to Stay Competitive in Global AI Race
Israel plans to build its first supercomputer to support its AI initiatives. The government has allocated $250 million to a national AI program. Israel is recognised as one of the largest tech centres globally, with a significant number of AI startups.
The move comes as Israel recognises the need to stay ahead in the rapidly evolving field of AI. Dror Bin, the CEO of the state-backed Israel Innovation Authority, emphasised the importance of taking action to ensure that AI remains a friend rather than a foe to Israel's tech sector.
To support this initiative, the Israeli government has allocated $250 million to a national AI program, which will involve collaboration between the government, industry, and academia. The program is expected to be executed over the next few years, with completion targeted for 2027. Bin also hinted at the possibility of increased funding for the program.
Israel is widely recognised as one of the largest tech centres in the world, with the tech sector accounting for 20% of the country's economic output. Of the 9,000 startups in Israel, more than 2,200 utilise AI technology. In fact, Israel is home to the third-highest number of AI firms globally, with 73 companies dedicated to AI research and development.
Bin stressed the importance of a supercomputer for training large AI models, stating that currently, high-tech companies and researchers have to rely on cloud services to access the necessary computing power. By establishing a local supercomputer, Israel aims to provide researchers and companies with affordable access to the computing resources required for AI model training.
The supercomputer will not only enhance Israel's capabilities in AI research and development but also contribute to maintaining the country's leadership and position in the global AI race. By investing in cutting-edge technology, Israel aims to secure its competitive advantage and ensure its continued success in the field of AI.
Israel plans to build its first supercomputer to support its AI initiatives.
The government has allocated $250 million to a national AI program.
Israel is recognised as one of the largest tech centres globally, with a significant number of AI startups.
Source: REUTERS