While several EU states are investing in the technology, the region is lagging other parts of the world, leading some European researchers and developers to process their data outside the EU.
Ansip said the move will help in the development of technologies, including artificial intelligence and the building of applications for use in areas such as health, security, and engineering. "Supercomputers are the engine to power the digital economy", said Ansip.
The EU will supply half a billion euros for the project (486 million), with the other half coming from member states and "associated countries". As it stands, many scientists process their data outside the European Union because their needs are not matched by the computation time or computer performance available.
"This lack of independence threatens privacy, data protection, commercial trade secrets, and ownership of data in particular for sensitive applications".
The $1.2 billion will also partly go towards "providing and managing access to these supercomputers to a wide range of public and private users".
The EU's contribution to the project, matched by a similar amount from Member States and associated countries, is mainly aimed at speeding up the digitalization of the economy and securing Europe's global competiveness in research and innovation.
Salman Yusuf Khan choreographs 'Bigg Boss' finale acts
Shilpa says that she will do it, but Hina is a "chaalaak ladki" as she lied about having periods so that she couldn't do the task. The housemates get nostalgic about their last few days inside the house and the incredible journey they had inside.
Thirteen countries have signed up so far, including Belgium, France, Croatia, Bulgaria, Italy, Greece, the Netherlands, Luxembourg, Portugal, Spain, Switzerland and Slovenia. "They can help us to develop personalized medicine, save energy and fight against climate change more efficiently".
Gabriel added: "A better European supercomputing infrastructure holds great potential for job creation and is a key factor for the digitisation of industry and increasing the competitiveness of the European economy". It also said it is beneficial for preventing and managing large-scale disasters, specifically noting the paths of hurricanes and quake simulations. We want to finance the development of competitive European High Performance Computing. For example, auto production cycles can be reduced thanks to supercomputers from 60 months to 24 months.
The European Commission has proposed allocating €1bn in the upcoming EU budget to build two supercomputers capable of a quintillion calculations per second, as well as another two mid-range machines.
13 countries have formally signed up to the initiative, launched in March previous year, to develop computers that can perform at least a hundred quadrillion (that's a million billion) calculations per second.
The EuroHPC joint undertaking will be operational in 2019-2026.
Approaching the busy Pongal festive period, the number of people travelling by bus increases significantly. There are almost 1.4 lakh workers in the TN's transport department who handle around 22,500 buses.
The hope is that the stand-off between Benitez and Ashley could end now that the billionaire is back in the country. And with that in mind, he has no intention of letting any of his current players go.
The rating was maintained by SunTrust on Thursday, November 2 with "Buy". (NYSE:UA) on Monday, August 10 with "Overweight" rating. For shareholders, given the total diluted outstanding shares of 286.7 million, this means overall earnings per share of -0.24.
LLC now owns 1,641 shares of the company's stock valued at $115,000 after buying an additional 140 shares during the last quarter. It improved, as 55 investors sold TXN shares while 333 reduced holdings. 104 funds opened positions while 332 raised stakes.
Retail Bank Of America Corp De holds 0.01% or 2.32 million shares in its portfolio. 1,055 are held by Panagora Asset Management. COPYRIGHT VIOLATION NOTICE: This piece was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune.
However, Schalke chief rejected these claims, saying: "Leon has not informed us that he has made a decision to leave". Goretzka has continued to shine with some impressive performances in the Bundesliga.
CSCO has been the subject of several research analyst reports. ( NASDAQ : CSCO ) was sold by BARTZ CAROL on Thursday, December 14. CSCO traded at an unexpectedly high level on 11/01/2018 when the stock experienced a 0.48% gain to a closing price of $40.1.
BMO Capital Markets restated a "buy" rating and set a $300.00 price objective on shares of FedEx in a research report on Monday. Following the sale, the director now owns 16,040 shares of the company's stock, valued at approximately $4,267,442.
Mark Sheptoff Fincl Planning Limited Co stated it has 0.19% of its portfolio in Texas Instruments Incorporated (NASDAQ: TXN ). It increased, as 55 investors sold TXN shares while 333 reduced holdings. 68 funds opened positions while 163 raised stakes.
The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 2.1%. The stock of Celgene Corporation (NASDAQ:CELG) has "Hold" rating given on Thursday, October 26 by Robert W.
Canadian Pacific Railway (CP) Given Media Sentiment Score of 0.04
Arrowstreet Capital Limited Partnership raised its stake in shares of Canadian Pacific Railway by 62,170.8% in the second quarter. It is flat, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes.
Snapchat's Redesign Gets Slammed by Users
Some have contacted Snapchat support on Twitter to air frustrations and asking it to return to the previous version of the app. The data also indicates that just 391 of the reviews give the update three, four or five stars.
McLaren Sports Series updated
The 570GT with the Sport Pack will also feature the same electronic stability control "S tune" and Pirelli P-Zero Corsa tires. It's two years since the McLaren 570GT arrived as a new softer, more luxurious take on McLaren's Sports Series 570S.
Look closely Shares of Express Scripts Holding Company (ESRX)
How Company Returns Shareholder's Value? As per Friday, November 6, the company rating was downgraded by BMO Capital Markets. The investor is now holding $36.85 million shares due in part to a decrease of 1.05 million new shares in their portfolio.
Price Target Analysis Bristol-Myers Squibb Company (BMY)
It dived, as 48 investors sold FSLR shares while 83 reduced holdings. 25,871 were accumulated by Investec Asset Mngmt Limited. Pembroke Management Ltd bought 47,000 shares as the company's stock declined 1.69% while stock markets rallied.