Netherlands holds supply talks with Nvidia, AMD on AI-facility


FILE PHOTO: A smartphone with a displayed Nvidia logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/File Photo

AMSTERDAM (Reuters) - The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia and AMD about suppling hardware and technological knowledge for a possible artificial intelligence (AI) facility.

The Netherlands aims to build a facility where an AI supercomputer can contribute to research and development, as part of broader EU projects to strengthen Europe's digital economy, it said in a statement.

Last year the Dutch government set aside 204.5 million euros ($210 million) for investments in AI, while it also aims to use European subsidies.

Economy minister Dirk Beljaarts said the chances of realising the project had increased as a result of the discussions, without giving specific details.

"Competition is fierce, the whole world is after this technology," the minister said after a meeting with Nvidia in Silicon Valley.

"This deal brings building a Dutch AI facility a lot closer."

(This story has been corrected to clarify that the Netherlands has held talks with Nvidia, not reached a deal, in paragraphs 1 and 4)

($1 = 0.9708 euros)

(Reporting by Bart Meijer and Toby Sterling; Editing by Kim Coghill)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Tech support scammers stole US$85,000 from him. His bank declined to refund him.
Analysis-Old meets new economy: AI boom to supercharge European banks' rally
Humanoid robots take center stage at Silicon Valley summit, but scepticism remains
Asahi CEO mulls new cybersecurity unit as disruption drags on
China's smaller manufacturers look to catch the automation wave
From Zelda to Civ VI: understanding game complexity
From traditional mats to virtual arenas: The rise of VR taekwondo in Malaysia
UK regulation of cryptoassets to start in October 2027, finance ministry says
Windows running slow? Microsoft’s 11 quick fixes to speed up your PC
Meta to let users in EU 'share less personal data' for targeted ads

Others Also Read