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Source: Sputnik
April 1, 2021
MOSCOW (Sputnik) - US tech giant Microsoft had secretly launched a chip development center at its research and development facility in Israel, Haaretz reported.
Source: Sputnik
April 1, 2021
MOSCOW (Sputnik) - US tech giant Microsoft had secretly launched a chip development center at its research and development facility in Israel, Haaretz reported.
According to the media outlet, the center is now gradually expanding its activity by recruiting new chip engineers for the project that was launched about a year and a half ago, though its existence has never been reported before.
Microsoft's chips developed in Israel are mainly intended to speed up networking at its data centers, which operate the tech giant's cloud service, Azure, the publication said.
About a year and a half ago, Microsoft created a new group at its offices in the northern city of Haifa tasked with developing chips for its cloud computing operations, according to the media outlet. The group's staff includes hardware and software engineers, who previously worked with such tech companies as Intel, IBM, Apple and Broadcom. The group is currently focused on networking and storage.
According to the publication, other tech companies have also increased investment in chip production in Israel that is considered a major center of know-how in the field of chips in general and networking in particular. Google, in particular, announced in March the launch of a chip development center in Israel that will be headed by Uri Frank, a former senior Intel executive.
Please go to Sputnik to read more.
Microsoft's chips developed in Israel are mainly intended to speed up networking at its data centers, which operate the tech giant's cloud service, Azure, the publication said.
About a year and a half ago, Microsoft created a new group at its offices in the northern city of Haifa tasked with developing chips for its cloud computing operations, according to the media outlet. The group's staff includes hardware and software engineers, who previously worked with such tech companies as Intel, IBM, Apple and Broadcom. The group is currently focused on networking and storage.
According to the publication, other tech companies have also increased investment in chip production in Israel that is considered a major center of know-how in the field of chips in general and networking in particular. Google, in particular, announced in March the launch of a chip development center in Israel that will be headed by Uri Frank, a former senior Intel executive.
Please go to Sputnik to read more.
Microsoft reportedly seeking to invest over $1 billion in Israel
According to Globes, tech giant's CEO Satya Nadella earlier this month informed Netanyahu of expansion plans including a new data center and chip R&D
By SHOSHANNA SOLOMON | 30 March 2021
US tech giant Microsoft is reportedly planning to invest $1 billion to $1.5 billion in Israel through setting up a new data center locally and expanding its chip research and development activities.
Microsoft CEO Satya Nadella spoke to Prime Minister Benjamin Netanyahu earlier this month and informed him about the plans, Globes reported on Monday, without saying where it got the information.
Nadella told Netanyahu that Israel is "a very important development center for Microsoft," Globes said, stating that the CEO has made no requests for government incentives for the investments and none were offered.
Spokespeople for Microsoft in Israel and for the Prime Minister’s Office declined to comment on the report.
Microsoft benefits from a low tax rate of 6% on profits from the intellectual property generated in Israel, lower that the average corporate tax rate of 23%. Small tech firms pay a tax rate of 7.5% to 12%, Globes said.
The US tech giant said last year that it would set up its first cloud data center in Israel to offer services to Israeli customers, starting with Azure and following with Office 365, expected to be operational sometime this year.
The setting up of the center "marks a significant investment by Microsoft in the Israeli market," the company said at the time.
"Offering Microsoft Azure and Office 365 from a datacenter region in Israel forms a key part of our investment and involvement in the startup nation, as infrastructure is an essential building block for the tech intensity that public sector entities and businesses need to embrace," Michel van der Bel, president of Microsoft Europe, Middle East and Africa, said in a statement at the time.
Please go to The Times of Israel to read more.
Microsoft's new campus in Herzliya, Israel, inaugurated in Nov. 2020 (Amit Geron)
US tech giant Microsoft is reportedly planning to invest $1 billion to $1.5 billion in Israel through setting up a new data center locally and expanding its chip research and development activities.
Microsoft CEO Satya Nadella spoke to Prime Minister Benjamin Netanyahu earlier this month and informed him about the plans, Globes reported on Monday, without saying where it got the information.
Nadella told Netanyahu that Israel is "a very important development center for Microsoft," Globes said, stating that the CEO has made no requests for government incentives for the investments and none were offered.
Spokespeople for Microsoft in Israel and for the Prime Minister’s Office declined to comment on the report.
Microsoft benefits from a low tax rate of 6% on profits from the intellectual property generated in Israel, lower that the average corporate tax rate of 23%. Small tech firms pay a tax rate of 7.5% to 12%, Globes said.
The US tech giant said last year that it would set up its first cloud data center in Israel to offer services to Israeli customers, starting with Azure and following with Office 365, expected to be operational sometime this year.
The setting up of the center "marks a significant investment by Microsoft in the Israeli market," the company said at the time.
"Offering Microsoft Azure and Office 365 from a datacenter region in Israel forms a key part of our investment and involvement in the startup nation, as infrastructure is an essential building block for the tech intensity that public sector entities and businesses need to embrace," Michel van der Bel, president of Microsoft Europe, Middle East and Africa, said in a statement at the time.
Please go to The Times of Israel to read more.
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Related:
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Exclusive: Microsoft Secretly Launched a New Chip Development Center in Israel
Related:
Pentagon says it will stick with Microsoft for $10 billion JEDI cloud contract
Amazon, Google reportedly oust Microsoft, Oracle in massive Israel cloud tender
Exclusive: Microsoft Secretly Launched a New Chip Development Center in Israel
The world's top ten tech companies - Microsoft, Apple, Amazon, Google, Facebook, Alibaba, Intel, Oracle, Samsung and Baidu - increasingly have something in common: they're doing mission-critical work in Israel that is core to their businesses back at headquarters.
Your brain mining cryptocurrency. Who ultimately profits from that scenario? It's not Bill Gates. It is the developers who work at Microsoft in Israel and in the US who are developing this.
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HONORED TO BE AN ESSENTIAL PUBLIC SERVICE PROVIDER.
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