{ "reviewed": "2026-10-08", "baselineCount": 163, "finalCount": 164, "minimumDocuments": 4, "coverageRationale": "First Israel campus; government-confirmed operating AI compute rather than proposed capacity.", "projects": [ { "id": "nebius-modiin", "title": "Nebius / Mega DC Modi’in — Israel national AI computing", "location": "Israel / Modi’in — representative city pin", "region": "Israel", "country": "Israel", "subregion": "Modi’in", "continent": "Asia", "precision": "Approximate Modi’in city location; not a surveyed campus parcel, entrance or building centroid", "company": "Nebius; Mega Or / Mega DC; NVIDIA; Israel Innovation Authority", "companyRoles": { "NBIS": "AI cloud operator and national computing provider; campus revenue and margin not disclosed.", "NVDA": "Operator identifies Blackwell computing/networking deployment; procurement value and earnings recognition unverified." }, "readiness": "Operating", "status": "AI computing operation confirmed by authority January 18, 2026; current voucher program active; measured utilization unknown", "stage": "Operating computing service; expansion assessed separately", "capacity": "Reported 8 MW colocation agreement; operating IT MW unverified. Government program allocation: 1,000 B200 accelerators; wider commercial deployment separate.", "milestone": "Published usage/award results, power-service documentation and separately verified expansion delivery", "facts": [ { "issuer": "Israel Innovation Authority", "publicationDate": "2026-01-18", "eventDate": "2026-01-18", "reviewed": "2026-10-08", "url": "https://innovationisrael.org.il/en/press_release/supercomputer-access-2026/", "text": "Project-specific government authority confirms Nebius national-supercomputer infrastructure is live and operational, opening subsidized-access allocation. Describes 1,000 B200 accelerators and 70% industry / 30% research allocation. This confirms computing service, not a comprehensive site permit or measured utilization.", "kind": "Government record", "accessible": true }, { "issuer": "Israel Innovation Authority", "publicationDate": "2025-05-14", "eventDate": "2025-05-14", "reviewed": "2026-10-08", "url": "https://innovationisrael.org.il/en/press_release/nebius-to-establish-supercomputer/", "text": "Government tender-award disclosure selects Nebius for national computing infrastructure, with projected investment exceeding NIS500 million including NIS160 million government support. Award and support amounts are not proof of cash disbursement or incurred expenditure. English/Hebrew versions are one underlying document.", "kind": "Government record", "accessible": true }, { "issuer": "Israel Innovation Authority", "publicationDate": null, "eventDate": null, "reviewed": "2026-10-08", "url": "https://innovationisrael.org.il/en/calls_for_proposal/usage-vouchers-rnd-labs/", "text": "Current official voucher call identifies Nebius as operator and a 1,000-B200 monthly allocation framework; 30% industry and 80% academic price discounts subject to eligibility and committee approval. Open date January 1 is not publication date. Detailed future application windows are not actual utilization or recipient awards.", "kind": "Government record", "accessible": true }, { "issuer": "Nebius", "publicationDate": "2025-10-20", "eventDate": "2025-10-20", "reviewed": "2026-10-08", "url": "https://nebius.com/newsroom/nebius-brings-nvidia-blackwell-to-israel-with-one-of-the-country-s-first-ai-infrastructure-deployments", "text": "Operator announces AI Cloud deployment at a Modiin colocation facility using NVIDIA Blackwell infrastructure. Its 4,000 HGX B200 wording describes the wider deployment and is not the government’s 1,000-accelerator allocation or audited present hardware utilization. Location and deployment claims attributed to company.", "kind": "Company disclosure", "accessible": true }, { "issuer": "Globes / Assaf Gilead", "publicationDate": "2026-01-06", "eventDate": null, "reviewed": "2026-10-08", "url": "https://en.globes.co.il/en/article-mega-or-to-provide-data-center-services-to-nebius-1001531296", "text": "Original business reporting, including Nebius confirmation and attempted Mega Or inquiry, identifies existing 8 MW Modi’in site hosting the national supercomputer. Describes wider expansion separately. Capacity is reported commercial scope, not measured IT load; future additional 16 MW is not current delivered load.", "kind": "Independent local business reporting", "accessible": true }, { "issuer": "Calcalist CTech / Meir Orbach", "publicationDate": "2025-05-14", "eventDate": null, "reviewed": "2026-10-08", "url": "https://www.calcalistech.com/ctechnews/article/s13j6km11eg", "text": "Original interview with authority CEO supports competitive award, Blackwell plan and projected funding. Historical early2026 operating forecast is superseded by January 2026 authority confirmation. Interview is independent journalism, but award figures originate with authority, not an independent spending audit.", "kind": "Independent local business reporting", "accessible": true }, { "issuer": "Calcalist CTech", "publicationDate": "2026-01-06", "eventDate": null, "reviewed": "2026-10-08", "url": "https://www.calcalistech.com/ctechnews/article/p4ds17rzm", "text": "Business reporting describes Mega DC’s earlier 8 MW Modi’in agreement and reported September operation. Expected NIS35 million annual facility NOI is a company forecast; separate Masmiyya/Beit Shemesh 80 MW deal, $880 million construction estimate and NIS300 million NOI do not belong to this campus.", "kind": "Independent local business reporting", "accessible": true } ], "power": null, "demand": { "issuer": "Israel Innovation Authority", "publicationDate": null, "eventDate": null, "reviewed": "2026-10-08", "url": "https://innovationisrael.org.il/en/calls_for_proposal/usage-vouchers-rnd-labs/", "text": "Current official voucher call identifies Nebius as operator and a 1,000-B200 monthly allocation framework; 30% industry and 80% academic price discounts subject to eligibility and committee approval. Open date January 1 is not publication date. Detailed future application windows are not actual utilization or recipient awards.", "kind": "Government record", "accessible": true }, "funding": { "issuer": "Israel Innovation Authority", "publicationDate": "2025-05-14", "eventDate": "2025-05-14", "reviewed": "2026-10-08", "url": "https://innovationisrael.org.il/en/press_release/nebius-to-establish-supercomputer/", "text": "Government tender-award disclosure selects Nebius for national computing infrastructure, with projected investment exceeding NIS500 million including NIS160 million government support. Award and support amounts are not proof of cash disbursement or incurred expenditure. English/Hebrew versions are one underlying document.", "kind": "Government record", "accessible": true }, "model": "Commercial AI cloud with subsidized national research allocation", "economics": "Government’s May 2025 award projects investment exceeding NIS500 million including NIS160 million support; actual disbursement and full spending are not established. CTech reports expected NIS35 million annual NOI for the earlier Modi’in facility agreement; this is a forecast attributed to commercial disclosures, not realized earnings. Our analysis: subsidized demand may support local adoption, while Nebius bears hardware/cloud delivery economics and Mega DC provides physical hosting. No site-level cash flow, profit or investment return is modeled.", "gaps": "Utility identity, executed tariff/service agreement, metered operating IT load, detailed power/cooling costs, campus financing close, actual government disbursements, grant-recipient usage, exact parcel/permit identifiers and realized site earnings remain unverified.", "readinessBasis": "January 18 authority states infrastructure live and operational; operator identifies Modi’in deployment and original business reporting links national system to the site. Classification applies to existing service, not future expansion.", "readinessSource": { "issuer": "Israel Innovation Authority", "publicationDate": "2026-01-18", "eventDate": "2026-01-18", "reviewed": "2026-10-08", "url": "https://innovationisrael.org.il/en/press_release/supercomputer-access-2026/", "text": "Project-specific government authority confirms Nebius national-supercomputer infrastructure is live and operational, opening subsidized-access allocation. Describes 1,000 B200 accelerators and 70% industry / 30% research allocation. This confirms computing service, not a comprehensive site permit or measured utilization.", "kind": "Government record", "accessible": true }, "reviewed": "October 8, 2026", "readinessReviewed": "2026-10-08", "evidence": [ "Company disclosure", "Government record", "Independent local business reporting" ] } ], "governmentRecords": [ { "project": "nebius-modiin", "agency": "Israel Innovation Authority", "identifier": null, "recordType": "Official operation/access announcement", "filingDate": null, "decisionDate": null, "publicationDate": "2026-01-18", "status": "Infrastructure stated operational; allocation opened", "url": "https://innovationisrael.org.il/en/press_release/supercomputer-access-2026/", "reviewed": "2026-10-08", "applicant": "Nebius; voucher applicants subject to eligibility", "scope": "National AI access/computing allocation hosted within Modi’in deployment, linked by operator/independent reporting", "claim": "National computing service operation", "conditions": "No comprehensive permit, utility acceptance, grant disbursement or metered utilization inferred. Publication date of voucher page unknown; open date January 1 is separate." }, { "project": "nebius-modiin", "agency": "Israel Innovation Authority", "identifier": null, "recordType": "Competitive national computing award", "filingDate": null, "decisionDate": null, "publicationDate": "2025-05-14", "status": "Nebius selected; support/investment projected", "url": "https://innovationisrael.org.il/en/press_release/nebius-to-establish-supercomputer/", "reviewed": "2026-10-08", "applicant": "Nebius; voucher applicants subject to eligibility", "scope": "National AI access/computing allocation hosted within Modi’in deployment, linked by operator/independent reporting", "claim": "Award and support structure", "conditions": "No comprehensive permit, utility acceptance, grant disbursement or metered utilization inferred. Publication date of voucher page unknown; open date January 1 is separate." }, { "project": "nebius-modiin", "agency": "Israel Innovation Authority", "identifier": null, "recordType": "Official voucher call", "filingDate": null, "decisionDate": null, "publicationDate": null, "status": "Access application program; awards/usage not established", "url": "https://innovationisrael.org.il/en/calls_for_proposal/usage-vouchers-rnd-labs/", "reviewed": "2026-10-08", "applicant": "Nebius; voucher applicants subject to eligibility", "scope": "National AI access/computing allocation hosted within Modi’in deployment, linked by operator/independent reporting", "claim": "Nebius provider, eligibility and subsidy process", "conditions": "No comprehensive permit, utility acceptance, grant disbursement or metered utilization inferred. Publication date of voucher page unknown; open date January 1 is separate." } ], "duplicatePolicy": "National allocation and commercial Modi’in deployment counted once; separate 80 MW campuses excluded.", "limitations": [ "Utility identity, executed tariff/service agreement, metered operating IT load, detailed power/cooling costs, campus financing close, actual government disbursements, grant-recipient usage, exact parcel/permit identifiers and realized site earnings remain unverified.", "Original agency/issuer reports are attributed; same issuer not independent confirmation.", "Modi’in commercial hosting economics are not government-program spending or Nebius group revenue.", "No exact parcel pin; no fabricated utility or permit identifiers." ] }