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UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China - TL;DR CNBC

UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China

Publishing timestamp: 2023-11-01 21:34:27


Summary

The U.K. government plans to invest £225 million ($273 million) into an AI supercomputer called Isambard-AI. The supercomputer, which will be built by the University of Bristol with the help of Hewlett Packard Enterprise, aims to be the most advanced computer in Britain and will be 10 times faster than the country's current fastest machine. The government hopes that the supercomputer, along with another one called Dawn, will achieve breakthroughs in fusion energy, healthcare, and climate modeling. The machines are expected to be up and running by summer 2024.


Sentiment: POSITIVE

Tickers: HPE,  NVDA, 

Keywords: nvidia corp,  supercomputing,  breaking news: technology,  internet,  hewlett packard enterprise co,  technology,  business news, 

Source: https://www.cnbc.com/2023/11/01/uk-to-invest-273-million-in-turing-ai-supercomputer.html


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