The company's involvement in Israel extends beyond humanitarian efforts, with Nvidia being well-established in the nation's tech industry. It purchased Israel's Mellanox Technologies Ltd. for $7 billion in 2020 and runs the Nvidia Inception Program and the Nvidia Developer Program. Nvidia is also developing Israel-1, the nation's most powerful generative AI cloud supercomputer, valued at $700 million.
Key takeaways:
- Nvidia and its employees have donated $15 million to non-profit organizations supporting civilians affected by the Israel-Hamas conflict. The employees contributed $5 million, which the company matched and doubled, making it the most significant humanitarian fundraiser in Nvidia's history.
- Beneficiary entities of the donation include Asor Fund (JGive), American Friends of Magen David Adom, Doctors Without Borders, Friends of United Hatzalah, IsraAID (US) Global Humanitarian Assistance, Jewish Agency for Israel, World Central Kitchen, and Zaka.
- Nvidia employee Avinatan Or was among those kidnapped by Hamas on October 7. The company has expressed gratitude for the support received globally and hopes for the safe return of their colleague and others held captive.
- Nvidia is deeply involved in Israel's tech industry, with the nation hosting Nvidia's largest R&D facility outside the US. The company is also developing Israel-1, the nation's most powerful generative AI cloud supercomputer.