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Top related persons:
Hendrik Leber - 1 ParTec - 1 Leber - 1 Miguel Lago - 1 Montega - 1 Lago Mascato - 1 Hewlett Packard - 1 Bernhard Frohwitter - 1
Top related locs:
Europe Germany Valueflex physicals Nantes France German United States
Top related orgs:
supercomputing - 2 Frankfurt Stock Exchange - 1 Karlsruhe Institute of Technology - 1 Valueflex Fonds - 1 CNBC Pro - 1 REUTERS - 1 EuroHPC - 1 EU - 1

Search resuls for: "ParTec"


2 mentions found


☆ Step aside Nvidia, this global supercomputing stock is up 95% this year — and it's betting big on AI
  + stars: | 2024-03-18 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +4 min
ParTec , a developer of supercomputing systems, has surged over 95% year-to-date as investors have started to take notice of its potential. Hendrik Leber, fund manager at Acatis Datini Valueflex Fonds, owns ParTec shares and says he sees the company as a "very clear" investment opportunity. While competitors like Hewlett Packard can also bid on supercomputing projects, Lago Mascato said ParTec's middleware gives them a "unique selling point." Due to the thin trading volumes, Leber noted that even a 2 million euro stock placement took about a month to complete. Future opportunities with AI ParTec sees significant opportunities beyond traditional supercomputing by providing systems tailored to train large AI models.
Persons: Hendrik Leber, ParTec, Leber, Miguel Lago, Montega, Lago Mascato, Hewlett Packard, Bernhard Frohwitter, Frohwitter Organizations: supercomputing, Frankfurt Stock Exchange, Karlsruhe Institute of Technology, Valueflex Fonds, CNBC Pro Locations: Germany, Valueflex, Europe, physicals
☆ Atos unit, ParTec sign deal for Europe's first Exascale supercomputer
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +1 min
The logo of Atos is seen on a company building in Nantes, France, March 11, 2022. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsOct 4 (Reuters) - A Franco-German consortium said on Wednesday it had signed a deal to provide Europe's first Exascale supercomputer, as the region tries to catch up with the United States in next-generation computing. Supercomputers are vastly more powerful than traditional ones, and an Exascale supercomputer can perform one quintillion - or 1,000,000,000,000,000,000 - calculations per second. The 500 million euro ($524 million) deal will see the consortium provide a supercomputer, called JUPITER, for the German Jülich Supercomputing Centre. "JUPITER will have three times the computing capability of Europe’s current most powerful supercomputer", the consortium said, adding it would require the space of about four tennis courts.
Persons: Stephane Mahe, Germany's, Gaëlle Sheehan, Mark Potter Organizations: REUTERS, EuroHPC, EU, supercomputing, Jülich Supercomputing, Thomson Locations: Nantes, France, German, United States, Europe
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