August 9, 2011 – IBM is backing away from a project for providing a sustained petascale supercomputer as part of the Blue Waters project with the University of Illinois’ National Center for Supercomputing Applications.

Selected in 2007 by the university, IBM was working with the university to produce a supercomputer that could process a thousand-trillion floating point operations per second, or flops, by 2012. However, NCSA and IBM announced jointly that they could not reach an agreement on moving forward with completion and maintenance of the project after the “innovative technology that IBM ultimately developed was more complex and required significantly increased financial and technical support by IBM beyond its original expectations.”

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