Nvidia cancels AI Summit in Tel Aviv following Hamas attack on Israel

Nvidia CEO Jensen Huang


Nvidia canceled its AI convention in Tel Aviv subsequent week as a result of security issues, as Israel ordered a siege of Gaza following the Hamas attack on Israel over the weekend.

Nvidia had scheduled its in-person AI summit, with a keynote by CEO Jensen Huang, for Oct.15 and 16 in Tel Aviv, billing the occasion as “the #1 convention for builders, enterprise leaders, and AI researchers.” In a weblog submit main as much as the occasion, Nvidia highlighted Israel’s greater than 6,000 startups and quantity of VC investments per capita, making it “one of many world’s most vibrant know-how hubs.”

Nvidia, the world’s largest AI chipmaker, cannot sustain with industry-wide demand for its chips, inflicting income to spike greater than 100% year-over-year for its second fiscal quarter — together with $6.7 billion in web revenue, a 422% year-over-year enhance. In Huang’s summit keynote, he deliberate to debate Nvidia’s newest in generative AI and cloud computing.

About 2,500 builders, researchers and tech staff have been set to attend the two-day convention, Nvidia confirmed to CNBC, and it was set to characteristic greater than 60 stay periods on subjects starting from generative AI, supercomputing and huge language fashions, to autonomous autos, healthcare and cybersecurity.

Most of the summit’s deliberate audio system are key figures at Nvidia, akin to Kimberly Powell, VP of healthcare; Deepu Talla, VP of embedded and edge computing; and Gilad Shainer, SVP of networking and high-performance computing. Executives from Microsoft, Amazon Web Services, Snowflake and Lenovo have been additionally set to steer periods, some sponsored.

“We remorse to tell you that as a result of present state of affairs in Israel, we have now determined to cancel AI SUMMIT,” Nvidia introduced on the occasion’s web site, including, “Our hearts exit to all these affected by the state of affairs. The security and wellbeing of our members are our prime precedence, and we imagine that is the most effective plan of action to make sure everybody’s security.”

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