AI cloud provider Nebius will build and operate a $140 million national supercomputer in Israel.
The supercomputer is set to receive a $45m funding package from the Israeli government’s Innovation Authority and marks the second phase of the country’s National AI Program.
According to local news outlets, the Innovation Authority said that Nebius will provide “16,000 petaflops” of compute power and has reportedly offered the Israeli government discounted compute rates in order to double the amount required.
Dror Bin, CEO of the Israel Innovation Authority, said: “We had four very strong bids that exceeded the minimum requirements, and Nebius’ proposal was the best – with proven experience building similar supercomputers. Nebius is a multinational company with comparable systems in other countries and is one of the leading providers of cloud-based GPU rental.”