Nvidia to invest $1 billion over five years in US science and quantum computing
Nvidia was also named a partner in the second-phase Genesis Mission projects, covering quantum computing, nuclear fusion, accelerator design and microelectronics.
Nvidia said it will invest and support a total of 1 billion US dollars over the next five years to advance superintelligence technology in US science and quantum computing, according to digitaltoday.co.kr. The company said the investment's main target areas are quantum computing, healthcare and energy security.
The funding will be used in three ways: supporting US higher education research institutions, increasing investment to strengthen quantum computing leadership, and supporting cloud service providers that back key US government missions.
Nvidia was also named as a partner in the second-phase projects of the Genesis Mission announced that day, covering quantum computing, nuclear fusion, accelerator design and microelectronics.
CEO Jensen Huang said President Trump's Genesis Mission is opening a new golden age of American scientific discovery, and that the 1 billion dollar investment will help US scientists use advanced superintelligence technology.
Prior DOE partnership
Nvidia previously formed a Genesis Mission partnership with the US Department of Energy, including a project to build the largest supercomputer for scientific research at Argonne National Laboratory. The company said it is also supporting the construction of seven new systems at Argonne and Los Alamos National Laboratories.
Quick answers
How much is Nvidia investing and over how long?
Nvidia said it will invest and support a total of 1 billion US dollars over the next five years.
What areas does Nvidia's investment target?
Nvidia said the main target areas are quantum computing, healthcare and energy security.
What does Nvidia's role in the Genesis Mission cover?
Nvidia was named a partner in the second-phase projects covering quantum computing, nuclear fusion, accelerator design and microelectronics.