Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • A Fund That Buys Recent IPO Stocks: Should You Invest?
    • Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone
    • Back to basics: Multi-factor mutual funds in India
    • Zee Business Mutual Fund Awards 2025: Industry leaders, top fund houses honoured across 9 categories
    • Private-credit ETFs are here. Why your -2-
    • Best mutual Fund types for retirement planning – Money Insights News
    • Spot Bitcoin ETFs See $812M Outflow as Ether ETFs Break 20-Day Inflow Streak
    • SECP launches strategic steps to transform mutual funds industry – Business & Finance
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»NSF Making Huge Investment In New Computing Center Led By Un. Of Texas
    Investments

    NSF Making Huge Investment In New Computing Center Led By Un. Of Texas

    July 11, 2024


    The University of Texas has been tabbed by NSF to lead a new supercomputing center.

    getty

    The National Science Foundation is making a major investment to build a new Leadership-Class Computing Facility (LCCF) facility

    The supercomputing center will be led by the Texas Advanced Computing Center, located at The University of Texas at Austin. According to a university news release, the initial investment will be $457 million. The LCCF will also collaborate with these four university centers to strengthen the country’s cyberinfrastructure capacity:

    • Atlanta University Center Consortium, a collaboration of four historically Black colleges and universities: Clark Atlanta University, Spelman College, Morehouse College and Morehouse School of Medicine.
    • National Center for Supercomputing Applications at the University of Illinois Urbana-Champaign.
    • Pittsburgh Supercomputing Center at Carnegie Mellon University.
    • San Diego Supercomputer Center at the University of California San Diego.

    In addition, The Ohio State University will help develop the software stack for high-performance networking, and Cornell University will aid in workforce development.

    High end computation — using large-scale simulations, data analysis and artificial intelligence — is increasingly essential to many areas of research and development. The LCCF is expected to revolutionize computational research across multiple subjects in science and engineering. According to NSF, the project will also include education and public outreach plans to grow the science and engineering workforce and ensure widespread benefits from the facility.

    “LCCF represents a pivotal step forward in our mission to support transformative research across all fields of science and engineering,” said NSF Director Sethuraman Panchanathan, in the agency’s announcement. “This facility will provide the computational resources necessary to address some of the most pressing challenges of our time, enabling researchers to push the boundaries of what is possible.”

    The LCCF is expected to begin operations during 2026, at which time it will represent the largest academic supercomputer dedicated to open-scientific research in the NSF portfolio. Its supercomputer, Horizon, will provide a tenfold increase in simulation performance over the current NSF Leadership-Class Computing system, Frontera. And for AI applications, it’s estimated the new center will enable a 100x improvement over Frontera capabilities.

    In addition to the hardware, the project will add software and service enhancements designed to maximize the power of the LCCF for new applications. Access to the facility will be open to scientists and engineers nationwide, with allocations to the facility determined through open peer-reviewed processes, according to the announcement.

    “We are experiencing a trend where an exponentially increasing number of problems can be solved by computing in general and artificial intelligence in particular. These are great strengths of our University. This investment will enable UT to make even greater impacts by addressing more challenges using AI, computational science and other disciplines,” said UT President Jay Hartzell, in a news release from the university. “We are excited about the privilege to continue in our role as an enabler of work that serves and improves society, and we are grateful to NSF and to our longtime partner in advanced computing, Dell Technologies. We are especially grateful to Congressman John Carter for his leadership in securing this funding.”

    The Texas Advanced Computing Center is currently recognized as one of the nation’s leading academic supercomputing centers. In its news release, the university emphasized that its “researchers have modeled the coronavirus in the early stages of the pandemic, provided computing to confirm the existence of gravitational waves, and increased the speed and accuracy of storm surge forecasts in hurricanes.” It also said that as part of its 10-year strategic plan, the university aims to become the highest-impact public research university in the world.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Hochul blames ‘lack of investments’ for MTA’s hellish service meltdowns, even as bloated transit agency eyes fare hike to $3

    August 1, 2025

    Kazakhstan Quadruples Environmental Investments in First Half of 2025

    August 1, 2025

    Tube Investments Q1 Results: Higher expenses weigh on margin despite strong revenue growth

    August 1, 2025
    Leave A Reply Cancel Reply

    Top Posts

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    ETF : définition et intérêt des trackers

    May 15, 2019
    Don't Miss
    Mutual Funds

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    The primary markets have been buzzing with many companies coming with new issues. Some of…

    Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone

    August 2, 2025

    Back to basics: Multi-factor mutual funds in India

    August 2, 2025

    Zee Business Mutual Fund Awards 2025: Industry leaders, top fund houses honoured across 9 categories

    August 2, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Cup of Job coffee shop serves coffee, pastries and the community

    July 11, 2024

    BlackRock Ethereum ETF on track to hit $1B net inflows

    August 12, 2024

    Study: National Beef Checkoff Program Sees Significant Return on Investment

    July 22, 2024
    Our Picks

    A Fund That Buys Recent IPO Stocks: Should You Invest?

    August 2, 2025

    Zee Business Mutual Fund Awards 2025: From ICICI to SBI, major AMCs shine as industry celebrates Rs 75 lakh crore milestone

    August 2, 2025

    Back to basics: Multi-factor mutual funds in India

    August 2, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.