AMD Gets Funding For Exascale Computing
AMD scored $12.6 million in funding from the U.S. Department of Energy for R&D of new chip technologies related to exascale computing. $9.6 million will go to processor-related research and up to $3 million will be earmarked for memory-related research, AMD said. The funding is part of FastForward, the DOE's extreme-scale computing R&D initiative, which it launched in April in cooperation with the National Nuclear Security Administration (NNSA).
The DOE will grant approximately $60 million in total funding over the next two years to manufacturers in the processor, memory and storage markets.