The U.S. Department of Energy will be investing $258 million to help six leading Technology firms -- AMD, Cray Inc., Hewlett Packard Enterprise, IBM, Intel, and Nvidia -- research and build Exascale Supercomputers. Digital Trends reports: The funding will be allocated to them over the course of a three-year period, with each company providing 40 percent of the overall project cost, contributing to an overall investment of $430 million in the project. "Continued U.S. leadership in high performance computing is essential to our security, prosperity, and economic competitiveness as a nation," U.S. Secretary of Energy Rick Perry said. "These awards will enable leading U.S. technology firms to marshal their formidable skills, expertise, and resources in the global race for the next stage in supercomputing -- exascale-capable systems." The funding will finance research and development in three key areas; hardware technology, software technology, and application development. There are hopes that one of the companies involved in the initiative will be able to deliver an exascale-capable supercomputer by 2021.

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