Nvidia (NVDA) is expected to unveil plans in the coming days to build Israel’s largest server farm, according to Calcalist.
The tech giant is said to be in advanced talks with a real estate firm to lease a data center currently under construction in the Mevo Carmel industrial zone near Yokneam, the report said.
The infrastructure for the server farm is projected to cost NIS 1.5 billion (about $465 million), which the parties will fund jointly. Nvidia (NVDA) will make an additional investment in the computing equipment, bringing the total project cost to roughly NIS 4.84 billion ($1.5 billion).
Spanning around 30,000 sq. m. and consuming ~64 megawatts of electricity, the facility will be located next to another Nvidia server farm built in cooperation with Shoval Paz and will house the company’s new Blackwell processors and an advanced supercomputer.
Construction is expected to be completed within about 18 months of signing the deal. The facility is expected to become Nvidia’s (NVDA) largest laboratory center outside the U.S., the report added.