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

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


Nvidia CEO Jensen Huang

Getty

Nvidia canceled its AI conference in Tel Aviv future week because of to safety fears, as Israel purchased a siege of Gaza following the Hamas assault on Israel around the weekend.

Nvidia had scheduled its in-individual AI summit, with a keynote by CEO Jensen Huang, for Oct. 15 and 16 in Tel Aviv, billing the celebration as “the #1 conference for builders, business leaders, and AI scientists.” In a web site submit main up to the occasion, Nvidia highlighted Israel’s much more than 6,000 startups and sum of VC investments per capita, creating it “a single of the world’s most vivid technological innovation hubs.”

Nvidia, the world’s greatest AI chipmaker, can not keep up with industrywide desire for its chips. Revenue spiked much more than 100% 12 months more than yr for its second fiscal quarter — alongside with $6.7 billion in net profits, a 422% calendar year-more than-calendar year boost. In Huang’s summit keynote, he prepared to talk about Nvidia’s most up-to-date in generative AI and cloud computing.

About 2,500 builders, scientists and tech workers had been set to attend the two-working day conference, Nvidia confirmed to CNBC, and it was established to aspect a lot more than 60 dwell classes on subjects ranging from generative AI, supercomputing and significant language styles, to autonomous automobiles, wellness treatment and cybersecurity.

Most of the summit’s planned speakers are important figures at Nvidia, such as Kimberly Powell, vice president of health and fitness care Deepu Talla, vice president of embedded and edge computing and Gilad Shainer, senior vice president of networking and large-overall performance computing. Executives from Microsoft, Amazon Net Expert services, Snowflake and Lenovo ended up also established to direct classes, some sponsored.

“We regret to advise you that owing to the existing scenario in Israel, we have determined to cancel AI SUMMIT,” Nvidia introduced on the event’s web page. “Our hearts go out to all individuals influenced by the predicament. The security and wellbeing of our individuals are our top precedence, and we consider this is the finest training course of motion to make sure everyone’s safety.”



Supply

We’re buying more of our newest stock that is unfairly getting hit on earnings
Technology

We’re buying more of our newest stock that is unfairly getting hit on earnings

Shortly after the opening bell, we will be buying 220 shares of Corning at roughly $83. Following the trade, Jim Cramer’s Charitable Trust will own 440 shares of GLW, increasing its weighting to about 1% from 0.5%. Corning shares are down more than 7% in premarket trading after the specialty glass maker reported its third-quarter […]

Read More
Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk
Technology

Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk

Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Amazon’s cull […]

Read More
Bill Gates softens ‘Climate Disaster’ approach, says strategy needs to shift
Technology

Bill Gates softens ‘Climate Disaster’ approach, says strategy needs to shift

Microsoft co-founder Bill Gates, who wrote a book in 2021 titled, “How to Avoid a Climate Disaster,” now says leaders need to shift their approach to climate change. In a letter published Tuesday ahead of next week’s COP30 U.N. climate summit, Gates argued that too many resources are focused on emissions and the environment, and […]

Read More