European Commission announced €1 billion initiative to build world-class supercomputers from 2019 to 2026

Briefing

European Commission announced €1 billion initiative to build world-class supercomputers from 2019 to 2026

January 12, 2018

Briefing

  • Euro High-Performance Computing Joint Undertaking – €1 billion ($1.2 billion) legal and funding structure by European Commission and E.U. member states aimed at acquiring, building, and deploying world-class supercomputers from 2019 to 2026
  • Exascale Computers Goal – Acquire pre-exascale systems, capable of one hundred quadrillion operations per second, and develop exascale (quintillion calculations per second) computers by 2022-23
  • Funding Sources – E.U. to contribute €486 million ($595 million), matched by similar amount from member countries, with private members adding in-kind contributions
  • Economic Benefits – Include job creation, industry digitization, and increased European economy’s competitiveness
  • Participating EU Members – Involves France, Germany, Italy, Luxembourg, Netherlands, Portugal, Spain, Belgium, Slovenia, Bulgaria, Switzerland, Greece, and Croatia
  • Different Applications – Include health, natural disaster prevention and management, SME-led product innovation, and national security and defense, among others

Accelerator

Sector

Government (excluding military), Healthcare/Health Sciences, Military and Security

Organization

European Commission

Source

Original Publication Date

January 11, 2018

Leave a comment