TechTaffy

tech:

taffy

Cray Wins $13M XC Supercomputer Contract

By TechTaffy Desk

Cray_XC-30

Cray has been awarded a contract valued at roughly $13 million to provide the PDC Center for High Performance Computing at the KTH Royal Institute of Technology in Stockholm, Sweden, with a next-generation XC supercomputer.

The Cray system will be one of the first petascale supercomputers in Sweden and Scandinavia, and will allow Swedish researchers and industrial collaborators to run complex simulations in areas such as climate modeling, fluid dynamics, neuroscience, plasma physics, materials science and molecular simulation. The Center’s next-generation Cray XC system will also be available to researchers across Sweden and Europe via the Swedish National Infrastructure for Computing (SNIC) and as a Tier-1 resource in the Partnership for Advanced Computing in Europe (PRACE) project.

Consisting of products and services, the contract is valued at more than $13 million. The system is expected to be installed in 2014.

[Image courtesy: Cray]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.