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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen3/19/2019 9:20:01 AM
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The US is working on one of the most expensive computers ever built

Officials from the Department of Energy claim the $500 million machine will be roughly seven times faster than the current most powerful system.

A first: The "Aurora" supercomputer would be the first US computer to reach "exascale" performance, where a computer can do more than a quintillion calculations per second. The closest rival is a $200 million IBM system called Summit which won the top spot in the world’s 500 most powerful computers last year.

The details: It will be built by Intel at the Argonne National Laboratory, on the outskirts of Chicago. It’s scheduled to arrive in 2021.

Why? Making machines quicker at crunching data would help researchers with tasks like modelling climate change or finding new pharmaceutical drugs. The announcement must be seen through the lens of China/US technological rivalry, particularly within the field of supercomputers.

You can sign up here.to The Download from MIT Tech Review
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