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January 23, 1993 | From Times Staff and Wire Reports
IBM Stops Funding Supercomputer Project: IBM said it has halted funding of a daring project by designer Steve Chen to build the most powerful mainframe computer in the world. Chen, who reportedly is seeking new funding for his Eau Claire, Wis.-based Supercomputing Systems Inc., had been working for five years to develop a mainframe to compete with the most powerful Cray Computer Corp. machines. Chen formerly worked at Cray. International Business Machines Corp.
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BUSINESS
January 23, 1993 | From Times Staff and Wire Reports
IBM Stops Funding Supercomputer Project: IBM said it has halted funding of a daring project by designer Steve Chen to build the most powerful mainframe computer in the world. Chen, who reportedly is seeking new funding for his Eau Claire, Wis.-based Supercomputing Systems Inc., had been working for five years to develop a mainframe to compete with the most powerful Cray Computer Corp. machines. Chen formerly worked at Cray. International Business Machines Corp.
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BUSINESS
September 24, 1991 | From Staff and Wire Reports
International Business Machines said Monday that it has signed a joint-development agreement with Thinking Machines Corp. that strengthens a new technology for the world's largest and most powerful computer systems. Thinking Machines, a small Boston-area company, pioneered "massively parallel" processing, in which hundreds or thousands of microprocessor chips simultaneously solve pieces of a large problem.
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