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

Nvidia AMD AI-facility

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

AMSTERDAM, Jan 9 (Reuters) – The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia (NVDA.O), and AMD (AMD.O), 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.

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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.

The minister said after a meeting with Nvidia in Silicon Valley,

Competition is fierce, the whole world is after this technology,

“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)

READ the latest news shaping the AI Chips market at AI Chips News

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

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