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European Commission to invest EUR 1 Billion in Exascale

Today the European Commission unveiled today its plans to invest jointly with the Member States in building a world-class European supercomputers infrastructure. “While Europe already had a number of exascale initiatives under way, this is a major step forward in that it puts up the money. Under a new legal and funding structure, the Commission’s contribution will be $486 million, or roughly half of the projected EUR 1 Billion total. Before the new structure was put in place, the Commission was effectively limited to contributing only 20 percent of HPC initiatives undertaken with member states. 

European Commission Steps Up Funding of HPC

In this special guest feature, Tom Wilkie from Scientific Computing World reports that the European Commission is funding research projects and centers of excellence as part of its strategy to coordinate European HPC efforts. In October, the EC made a series of announcements on how it is going to invest some of the €700 million allocated to its Public-Private Partnership on high performance computing.