Grazed from ChicagoInno. Author: Ustav Gandhi.
Supercomputing has changed the way we process big data in a wide range of industries. Unsurprisingly, these capabilities to perform multiple complex tasks in the least possible amount of time have traditionally come at a price -- in fact, even the first one hundred supercomputers were sold at a price of $8 million each (hefty, especially by the standards of early 1960s standards when they first launched). While this price point has mostly restricted supercomputing to academia, federal research labs and large industry, Parallel Works, a startup incubated at the University of Chicago’s Polsky Exchange, is out to democratize this -- by bringing the underlying technology to the cloud.
Parallel Works’ platform takes supercomputing to the software-as-a-service, pay-per-use model, thus removing talent and resource maintenance costs typically associated with big machines. The software is domain agnostic--employed in applications as diverse as climate change research to neuroscience to mass media analysis--and the technology's custom interface can be packaged, stored, and deployed as per the needs of the client or industry...
Grazed from BitCoinist. Author: Editorial Staff.
Golem wants to provide what it calls the “Airbnb for computers,” a first-of-its-kind decentralized market for shared computing power. The company hopes the public will find its goals appealing, as it will open a crowdsale for the Golem Network Token (GNT) on November 11, 2016.
This decentralized, Ethereum-based service, once up and running, will reportedly allow people to rent out unused computing power in exchange for cryptocurrency. On the other end of the service, costs for resource-intensive processes will decline, according to Golem, making tasks such as CGI rendering, scientific calculation and machine learning more efficient and accessible...