Rensselaer to collaborate with IBM and NY State for a $100 million supercomputer

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Rensselaer Polytechnic Institute will team up with IBM and New York State to build a $100 million supercomputer. The system will be based on IBM's Blue Gene and will be placed at Rensselaer's campus in Troy, N.Y.

The supercomputer, which aims to become one of the top 10 in the world, will reportedly have the power to perform 70 trillion calculations per second. At a news conference to announce the plans, Shirley Ann Jackson, the president of Rensselaer said that all three investors would invest $33 million each over the next five years into the project. The supercomputer will be named Computational Center for Nanotechnology Innovations and is expected to be functional by the end of the year.

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