Commercial Fusion Energy Company Inertia Raises $450M

LIVERMORE, Calif. — Inertia Enterprises, a commercial fusion energy company, announced a $450 million investment “to bring limitless clean energy to the world,” the company said. The Series A round was led by Bessemer Venture Partners, with participation from additional firms including GV (Google Ventures), Modern Capital, Threshold Ventures, and more. Founded in 2024, Inertia […]

HPC News Bytes 20260216:  Moonshot for ‘Scientific Computing in an AI World,’ NSF’s $100M for Quantum

A good mid-winter morning to you on this US Presidents Day! Today, we’re discussing the big, red-hot issue of traditional HPC’s place in a technology world dominated by AI – even as some of us will shout (into the wind) that LLM-based AI is an HPC workload, that generative AI could not have happened without ….

IBM Introduces Autonomous Flash Storage with Agentic AI

IBM (NYSE: IBM) today unveiled a new generation of IBM FlashSystem, co-run by agentic AI, designed to support autonomous storage. IBM said the new products offer resilience through ….

DOE Launches Genesis Mission Consortium

The U.S. Department of Energy today announced the launch of the Genesis Mission Consortium, a public-private partnership advancing the Department’s Genesis Mission to harness artificial intelligence to support ….

HPC News Bytes 20260209: Who Has AI Sovereignty?, Bullish on Eviden, Intel’s Latest GPU Attempt, AI Predictions

A good Valentine’s Day week to you! It was a somewhat retrospective, reflective week in the world of HPC and AI, here are our brief (9:50) thoughts ….

UK Invests £36M in AMD-Powered Supercomputer at the Univ. of Cambridge

The UK government announced it has injected £36 million to increase the power of one of the UK’s leading supercomputing centres sixfold. This includes backing a new National Computational Resource supercomputer ….

HPC News Bytes 20260126: Intel and Other Chip Stocks in Spotlight, Industry-Wide Supply Shortage, Micron Build-Up in Upstate New York, US Chip Investments by Region

Good late January morning to you! The HPC-AI industry threw its weight around last week in its usual fashion, here’s a ….

Nokia and Hypertec Group Install ‘Nibi’ Supercomputer Cluster at the University of Waterloo

Jan. 22, 2026 — Nokia, an IP networking and AI-HPC data center fabric provider, and Hypertec, an AI and HPC infrastructure company, today announced the deployment of Nibi, an advanced supercomputing cluster at the University of Waterloo in Ontario. The system is designed to support more than 4,000 researchers annually, expanding Canada’s capacity to advance […]

Quantum: Rigetti Lands $8.4M Order from India’s Centre for Development of Advanced Computing

BERKELEY, Calif., Jan. 20, 2026 — Rigetti Computing India P L, a wholly owned subsidiary of Rigetti Computing, Inc., announced it has received an $8.4 million order to deliver a 108-qubit quantum computer to the Centre for Development of Advanced Computing (C-DAC), an Indian R&D organization of the Ministry of Electronics and Information Technology. The […]

LLNL’s Peter Lindstrom Honored with IEEE VIS Test of Time Award

Jan. 20, 2025 — Lawrence Livermore National Laboratory computer scientist Peter Lindstrom received the 2025 IEEE VIS Test of Time Award for his 2014 paper on near-lossless data compression, recognizing its lasting influence on the field of scientific visualization and high-performance computing. (Graphic: Dan Herchek) Lawrence Livermore National Laboratory (LLNL) computer scientist Peter Lindstrom recently […]