Australian Academy of Science says lack of HPC strategy risks country’s future prosperity and security

Money will be used to support expansions at company’s New York and Vermont sites

The system will be hosted and operated by the IT4Innovations National Supercomputing Center in Czechia

The legislation would also establish a public AI cloud compute cluster to support AI development

Plans result from government scheme to boost chip production in the country

If approved, the plant will produce 65nm and 40nm chips

The group wants to host systems designed for more than just scientific use

Each site will receive £11m in financial support

The cash is split across two funds

Installation is scheduled for the second half of 2024

Comes after reports that Altman has been courting Middle Eastern investors for an AI chip venture

Agreement was first signed in November 2023

Nvidia A100s and H100s amongst restricted semiconductors purchased in China

Thousands of modified chips are being used for AI developments

The extension will provide a failover to the Federal Office of Meteorology and Climatology MeteoSwiss by Spring of 2024

The company will use the money to expand its Colorado and Oregon plants

An undisclosed number of Chinese customers have had their orders for lithography machines canceled

New industry minister says he wants to expand on work of predecessor