Israel Innovation Authority will invest in IT infrastructure to serve companies and researchers

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Israel Innovation Authority will invest up to 30 million NIS in establishing the infrastructure to serve companies and researchers throughout Israel. As part of the National Program for Artificial Intelligence (AI), Israel Innovation Authority has selected NextSilicon to establish an R&D Lab to support hardware and software development in computational applications AI. The R&D Lab will support accelerated research and development in hardware components, communication, and software.

The new infrastructure aims to address technological advancements in data processing demands for AI computation, high-performance computing (HPC), data centers, and processing units.

NextSilicon is an Israeli company that develops revolutionary processing technologies capable of accelerating computing applications at high speeds with maximum energy efficiency, without requiring any changes in code or user adaptations. Following a competitive process conducted by the Innovation Authority, NextSilicon was chosen to lead a consortium of four Israeli companies that have developed unique solutions in areas such as HPC, AI acceleration, branding, and specialized memory access. The company’s headquarters are located in Givatayim, with additional branches in Jerusalem, Be’er Sheva, Haifa, and Yokneam.

The HPC R&D Lab will feature a variety of state-of-the-art computing, communication, and storage equipment from world-leading suppliers. It will provide R&D services to startups, companies, and researchers for the acceleration of technological developments in HPC and AI computational technologies. The Lab will serve as a foundation for various hardware and software experiments, equipment, infrastructure programming, and will offer R&D services to Israeli corporations and research institutions. The Lab’s goal is to lower entry barriers for researchers and companies, fostering Israeli innovation and breakthroughs.

Source: Israel Innovation Authority