Dell EMC and Intel introduced Frontera, an academic supercomputer that replaces Stampede2 at the University of Texas at Austin’s Texas Advanced Computing Center (TACC). The companies announced plans to build the computer in August 2018 and were funded by a $60 million National Science Foundation grant. According to Intel, Frontera’s peak performance can reach 38.7 quadrillion floating point operations per second (petaflops), making it one of the fastest such computers for modeling, simulation, big data and machine learning. Continue reading Academic Supercomputer Is Unveiled by Intel and Dell EMC

The European Union is looking to take on China’s tech dominance by approving up to $9.1 billion in public and private funding that would enable France, Germany, Italy and the United Kingdom to conduct research in microelectronics. The funding would help companies and research centers work together on developing advanced sensors and microchips, with an emphasis on smarter, more energy-efficient components. The decision coincides with the EU’s efforts to limit foreign investments and restrict business with Chinese tech companies such as Huawei. Continue reading Europe Plans to Create Smarter, Energy-Efficient Electronics

Nuclear power leader Westinghouse Electric Company filed for Chapter 11 bankruptcy protection in New York yesterday. “The filing comes as the company’s corporate parent, Toshiba of Japan, scrambles to stanch huge losses stemming from Westinghouse’s troubled nuclear construction projects in the American South,” reports The New York Times. Westinghouse has recently been impacted by a slowdown in electricity demand, lower natural gas prices, growth in alternative energy sources, and concerns regarding nuclear safety. Toshiba, which is expecting a net loss of $9.9 billion for the fiscal year, “is also divesting its profitable semiconductor business and plans to sell a stake to an outside investor to raise capital.” Continue reading Westinghouse Files for Bankruptcy, Toshiba Selling Chip Unit