Nvidia Corp’s chief executive on Thursday said the company will spend at least $100 million on a supercomputer in the United Kingdom.
Speaking at The Six Five Summit, CEO Jensen Huang said Nvidia will spend “$100 million; just as a starting point” on the Cambridge-1 supercomputer.
Nvidia had also said in October it planned to spend 40 million pounds, or about $55.6 million, on the project.
Nvidia is in the process of acquiring UK-based chip technology firm Arm Ltd for $40 billion from Japan’s SoftBank Group Corp.
The deal faces pushback from Nvidia’s rivals; and is under regulatory scrutiny in the United Kingdom; the United States and also Europe.
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At The Six Five summit, Huang was asked about Nvidia’s investment plans in the United Kingdom; during a joint interview with Arm Chief Executive Simon Seagars.
“Cambridge-1, that supercomputing center is, call it a $100 million, just as a starting point,” Huang said.
“I mean, it’s a big investment. It is the most powerful supercomputer in the UK; and researchers are also super excited about it.“