AI

Nvidia’s Mellanox bet keeps paying off as quarterly networking revenue hits $11 billion

Nvidia’s Mellanox bet keeps paying off as quarterly networking revenue hits $11 billion

When Nvidia paid $6.9 billion in 2020 to acquire Mellanox Technologies, an Israeli specialist in high-speed communications chips, the deal was framed as a strategic complement to its dominant graphics processors. Six years later, that acquisition has become one of the most consequential bets in the company’s history.

nVidia to expand R&D in Israel

nVidia to expand R&D in Israel

The No Camels website reported on nVidia’s plans to establish a new design and engineering group that would lead the development of next-generation Nvidia CPUs for the next technology revolutions in AI, robotics, autonomous vehicles, and virtual world simulations from Nvidia’s new platform, Omniverse,.