Thursday, January 23, 2014

IBM $1 Billion Watson supercomputer investment

IBM Invests $1 Billion to Grow Watson Supercomputer's Struggling Business - IEEE Spectrum:

The IBM Watson business unit has generated less than $100 million so far. But the slow start has not stopped IBM from aggressively investing in Watson as a cornerstone of its future business. The company recently announced it is investing more than $1 billion in its Watson business unit and setting up a $100-million venture capital fund to encourage apps built on Watson's technology.
...(with) target of having Watson generate $10 billion in annual revenue within 10 years...


Top-10 supercomputers in the world, November 2013:
Tianhe-2 Remains the Biggest of Computing’s Big Iron - IEEE Spectrum
#1. Tianhe-2 (“Milky Way 2”) supercomputer developed by China’s National University of Defense Technology.
It is almost twice as powerful as the next runner up, the Titan supercomputer at Oak Ridge National Laboratory (ORNL)

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