Latest news with #SikLee


Business Wire
09-07-2025
- Business
- Business Wire
KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today extended its congratulations to the Korea Institute of Science and Technology Information (KISTI) on securing a multi-million dollar government award through the 'Quantum Computing Service and Utilization System Construction Project.' This initiative marks a pivotal step toward establishing South Korea's first National Quantum Computing Center of Excellence. KISTI will lead the development and operation of a quantum computing service and research platform designed to support both academic and enterprise applications. KISTI has identified IonQ as the primary quantum technology provider for the project, alongside Megazone Cloud, one of South Korea's leading cloud service and infrastructure providers. Under an expected contract to be concluded with KISTI, IonQ expects to deliver an advanced 100-qubit quantum system for the initiative, to enable leading edge research and industrially relevant quantum computing capabilities. Together, IonQ and KISTI intend to develop a hybrid quantum-classical execution environment, integrating next-generation quantum systems into a private cloud for remote access. 'We will be honored to support KISTI's pioneering efforts to establish a world-leading quantum service infrastructure in Korea,' said Niccolo de Masi, CEO of IonQ. 'This project is a significant investment in Korea's research and innovation ecosystem, and we are proud to have been identified by KISTI to provide the technology and expertise to help realize its full potential.' 'Thanks to the partnership with IonQ, we expect to accumulate experience in the operation, service, and utilization of quantum platforms nationwide,' said Dr. Sik Lee, KISTI President. 'We will also strive to contribute to the development of quantum computer utilization research and the industrial ecosystem in Korea.' This announcement builds on IonQ and KISTI's ongoing collaboration, including a recently signed memorandum of understanding (MoU) to jointly advance South Korea's leadership in the global quantum economy. IonQ also continues to expand its footprint in the region through its work with Hyundai, SKT, Intellian Technologies and leading academic institutions such as Seoul National University and Sungkyunkwan University. About IonQ IonQ, Inc. [NYSE: IONQ] is a leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world's most complex problems. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results. The company is accelerating its technology roadmap and intends to deliver the world's most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ's advancements in quantum networking also positions the company as a leader in building the quantum internet. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words 'will,' 'expected,' 'expects,' 'intend to,' 'continues' and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQ's delivery of quantum computing capabilities for the referenced project; IonQ's and KISTI's expected work together on the project; KISTI and IonQ entering into a binding agreement related to the referenced project; the expected benefits of IonQ's quantum computing capabilities; and KISTI and IonQ entering into a binding contract related to the referenced project. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; IonQ's inability to attract and retain key personnel. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the 'Risk Factors' section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future.
Yahoo
27-05-2025
- Business
- Yahoo
IonQ Signs MoU With KISTI to Accelerate South Korea's Role in the Global Quantum Race
Memorandum aims to integrate IonQ's quantum technology into South Korea's high-performance computing infrastructure, fueling R&D, talent development, and ecosystem growth. COLLEGE PARK, Md., May 23, 2025--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced the signing of a memorandum of understanding (MoU) with the Korea Institute of Science and Technology Information (KISTI), a leading national science and technology research institute and supercomputing center. The memorandum marks a significant expansion of IonQ's long standing relationship with South Korea's government, academic and industry sectors, aligning efforts intended to accelerate the national development of quantum science and industry. Under the terms of the MoU, IonQ and KISTI will collaborate in four key areas: advanced infrastructure access, education, talent and knowledge exchange as well as collaboration to expand market opportunities. The two organizations will work together with the intent to introduce quantum systems into KISTI and plan to integrate these systems with KISTI's high-performance computing (HPC) infrastructure. IonQ and KISTI also plan to collaborate on joint initiatives for talent upskilling including internships and training programs to strengthen the quantum computing research community in South Korea. "South Korea has been a vital partner in the advancement of quantum computing, and we're proud to deepen our collaboration with KISTI as we expand our footprint in South Korea," said Niccolo de Masi, CEO of IonQ. "This memorandum reflects a strategic alignment between public sector science policy leadership and private sector innovators to unlock real-world quantum applications, foster local talent, and position the region as a global force in the quantum economy." "Despite the infinite potential of quantum computing and the growing global interest, Korean companies and researchers still face a significant lack of infrastructure for actual research," said Dr. Sik Lee, President of KISTI. "As a leading institution in supercomputing, KISTI has long supported Korean researchers with world-class supercomputing services. Now, we plan to pioneer a new frontier by offering hybrid services that leverage quantum computing, further supporting Korea's industry and research community. We are very pleased to collaborate with IonQ, the world's leading quantum computing and networking company, on this highly ambitious journey." This announcement builds on an existing collaboration between IonQ and KISTI, including past initiatives supporting quantum research in both the U.S. and South Korea. As IonQ continues its global expansion, South Korea remains a critical partner in advancing quantum innovation. IonQ has also signed recent MoUs with SK Telecom, Busan Metropolitan City, Intellian Technologies, and has ongoing partnerships with Seoul National University and Sungkyunkwan University. In addition to these partnerships, IonQ has invested in local education and innovation initiatives such as executive training seminars, hackathons, and the sponsorship of the Quantum Korea conference. This latest collaboration with KISTI is intended to support the next phase of South Korea's national quantum strategy, with a focus on accessibility, workforce readiness, and research leadership. The partnership also aligns with South Korea's National Quantum Science and Technology Strategy, which aims to position the country among the world's top quantum economies by 2035. About IonQ IonQ, Inc. is a leader in the quantum computing and networking industries, delivering high-performance systems aimed at solving the world's largest and most complex commercial and research use cases. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "accessible," "accelerate," "aimed," "available," "collaborate," "cutting-edge," "delivering," "foster," "growth," "innovative," "impactful," "latest," "leader," "leading," "making," "plan," "position," "potential," "significant," "solving," "strategic," "unlock," "will," and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing capabilities and plans; the future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; KISTI deciding or declining to enter into binding contracts with IonQ as intended under this non-binding MOU; the inability of IonQ's suppliers to deliver components that meet expectations timely; changes in Korean government spending or policy that may affect IonQ's customers; and risks associated with Korean government sales, including availability of funding and provisions that may allow the government to unilaterally terminate or modify contracts for convenience. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the "Risk Factors" section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future. View source version on Contacts IonQ Media Contact: Jane Mazurpress@ IonQ Investor Contact: investors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
IonQ Signs MoU With KISTI to Accelerate South Korea's Role in the Global Quantum Race
Memorandum aims to integrate IonQ's quantum technology into South Korea's high-performance computing infrastructure, fueling R&D, talent development, and ecosystem growth. COLLEGE PARK, Md., May 23, 2025--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced the signing of a memorandum of understanding (MoU) with the Korea Institute of Science and Technology Information (KISTI), a leading national science and technology research institute and supercomputing center. The memorandum marks a significant expansion of IonQ's long standing relationship with South Korea's government, academic and industry sectors, aligning efforts intended to accelerate the national development of quantum science and industry. Under the terms of the MoU, IonQ and KISTI will collaborate in four key areas: advanced infrastructure access, education, talent and knowledge exchange as well as collaboration to expand market opportunities. The two organizations will work together with the intent to introduce quantum systems into KISTI and plan to integrate these systems with KISTI's high-performance computing (HPC) infrastructure. IonQ and KISTI also plan to collaborate on joint initiatives for talent upskilling including internships and training programs to strengthen the quantum computing research community in South Korea. "South Korea has been a vital partner in the advancement of quantum computing, and we're proud to deepen our collaboration with KISTI as we expand our footprint in South Korea," said Niccolo de Masi, CEO of IonQ. "This memorandum reflects a strategic alignment between public sector science policy leadership and private sector innovators to unlock real-world quantum applications, foster local talent, and position the region as a global force in the quantum economy." "Despite the infinite potential of quantum computing and the growing global interest, Korean companies and researchers still face a significant lack of infrastructure for actual research," said Dr. Sik Lee, President of KISTI. "As a leading institution in supercomputing, KISTI has long supported Korean researchers with world-class supercomputing services. Now, we plan to pioneer a new frontier by offering hybrid services that leverage quantum computing, further supporting Korea's industry and research community. We are very pleased to collaborate with IonQ, the world's leading quantum computing and networking company, on this highly ambitious journey." This announcement builds on an existing collaboration between IonQ and KISTI, including past initiatives supporting quantum research in both the U.S. and South Korea. As IonQ continues its global expansion, South Korea remains a critical partner in advancing quantum innovation. IonQ has also signed recent MoUs with SK Telecom, Busan Metropolitan City, Intellian Technologies, and has ongoing partnerships with Seoul National University and Sungkyunkwan University. In addition to these partnerships, IonQ has invested in local education and innovation initiatives such as executive training seminars, hackathons, and the sponsorship of the Quantum Korea conference. This latest collaboration with KISTI is intended to support the next phase of South Korea's national quantum strategy, with a focus on accessibility, workforce readiness, and research leadership. The partnership also aligns with South Korea's National Quantum Science and Technology Strategy, which aims to position the country among the world's top quantum economies by 2035. About IonQ IonQ, Inc. is a leader in the quantum computing and networking industries, delivering high-performance systems aimed at solving the world's largest and most complex commercial and research use cases. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "accessible," "accelerate," "aimed," "available," "collaborate," "cutting-edge," "delivering," "foster," "growth," "innovative," "impactful," "latest," "leader," "leading," "making," "plan," "position," "potential," "significant," "solving," "strategic," "unlock," "will," and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing capabilities and plans; the future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; KISTI deciding or declining to enter into binding contracts with IonQ as intended under this non-binding MOU; the inability of IonQ's suppliers to deliver components that meet expectations timely; changes in Korean government spending or policy that may affect IonQ's customers; and risks associated with Korean government sales, including availability of funding and provisions that may allow the government to unilaterally terminate or modify contracts for convenience. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the "Risk Factors" section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future. View source version on Contacts IonQ Media Contact: Jane Mazurpress@ IonQ Investor Contact: investors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
23-05-2025
- Business
- Business Wire
IonQ Signs MoU With KISTI to Accelerate South Korea's Role in the Global Quantum Race
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced the signing of a memorandum of understanding (MoU) with the Korea Institute of Science and Technology Information (KISTI), a leading national science and technology research institute and supercomputing center. The memorandum marks a significant expansion of IonQ's long standing relationship with South Korea's government, academic and industry sectors, aligning efforts intended to accelerate the national development of quantum science and industry. Under the terms of the MoU, IonQ and KISTI will collaborate in four key areas: advanced infrastructure access, education, talent and knowledge exchange as well as collaboration to expand market opportunities. The two organizations will work together with the intent to introduce quantum systems into KISTI and plan to integrate these systems with KISTI's high-performance computing (HPC) infrastructure. IonQ and KISTI also plan to collaborate on joint initiatives for talent upskilling including internships and training programs to strengthen the quantum computing research community in South Korea. 'South Korea has been a vital partner in the advancement of quantum computing, and we're proud to deepen our collaboration with KISTI as we expand our footprint in South Korea,' said Niccolo de Masi, CEO of IonQ. 'This memorandum reflects a strategic alignment between public sector science policy leadership and private sector innovators to unlock real-world quantum applications, foster local talent, and position the region as a global force in the quantum economy.' "Despite the infinite potential of quantum computing and the growing global interest, Korean companies and researchers still face a significant lack of infrastructure for actual research,' said Dr. Sik Lee, President of KISTI. 'As a leading institution in supercomputing, KISTI has long supported Korean researchers with world-class supercomputing services. Now, we plan to pioneer a new frontier by offering hybrid services that leverage quantum computing, further supporting Korea's industry and research community. We are very pleased to collaborate with IonQ, the world's leading quantum computing and networking company, on this highly ambitious journey." This announcement builds on an existing collaboration between IonQ and KISTI, including past initiatives supporting quantum research in both the U.S. and South Korea. As IonQ continues its global expansion, South Korea remains a critical partner in advancing quantum innovation. IonQ has also signed recent MoUs with SK Telecom, Busan Metropolitan City, Intellian Technologies, and has ongoing partnerships with Seoul National University and Sungkyunkwan University. In addition to these partnerships, IonQ has invested in local education and innovation initiatives such as executive training seminars, hackathons, and the sponsorship of the Quantum Korea conference. This latest collaboration with KISTI is intended to support the next phase of South Korea's national quantum strategy, with a focus on accessibility, workforce readiness, and research leadership. The partnership also aligns with South Korea's National Quantum Science and Technology Strategy, which aims to position the country among the world's top quantum economies by 2035. About IonQ IonQ, Inc. is a leader in the quantum computing and networking industries, delivering high-performance systems aimed at solving the world's largest and most complex commercial and research use cases. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words 'accessible,' 'accelerate,' 'aimed,' 'available,' 'collaborate,' 'cutting-edge,' 'delivering,' 'foster,' 'growth,' 'innovative,' 'impactful,' 'latest,' 'leader,' 'leading,' 'making,' 'plan,' 'position,' 'potential,' 'significant,' 'solving,' 'strategic,' 'unlock,' 'will,' and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing capabilities and plans; the future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; KISTI deciding or declining to enter into binding contracts with IonQ as intended under this non-binding MOU; the inability of IonQ's suppliers to deliver components that meet expectations timely; changes in Korean government spending or policy that may affect IonQ's customers; and risks associated with Korean government sales, including availability of funding and provisions that may allow the government to unilaterally terminate or modify contracts for convenience. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the 'Risk Factors' section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future.
Yahoo
14-05-2025
- Business
- Yahoo
Korea Institute of Science and Technology Information Selects Hewlett Packard Enterprise to Build South Korea's Largest Supercomputer
Korea's sixth-generation supercomputer, KISTI-6, will be 100% direct liquid-cooled to enable AI and HPC simulation for researchers across academia and industry SINGAPORE, May 14, 2025--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that it has been selected by the Korea Institute of Science and Technology Information (KISTI), a government-funded research institute, to build a more advanced and versatile computing architecture for its sixth national supercomputer, "KISTI-6", which is expected to become the most powerful supercomputer in South Korea. The new supercomputer will feature a 100% fanless direct liquid cooling system architecture to deliver greater efficiency, sustainability, and density. KISTI has made its supercomputing services accessible to a variety of users for many years - including research institutions, universities, and commercial companies of all sizes. The new supercomputer will serve a wide range of demanding data-intensive research projects and form the backbone of artificial intelligence (AI) and simulation research and development in Korea. It is expected to reach a theoretical peak performance of 600 petaflops, more than half an exaflop. "As the leader in supercomputing, having built many of the world's fastest and energy efficient systems for high performance computing (HPC) and AI, HPE is uniquely positioned to help organizations minimize power consumption while maximizing business outcomes," said Joseph Yang, general manager, HPC and AI, APAC and India, Hewlett Packard Enterprise. "We are proud to support this strategic initiative to strengthen Korea's capabilities in fundamental scientific research and advanced artificial intelligence, aligned with their broader mission to support national R&D advancement." "Our goal is to work with HPE, AMD and NVIDIA to cement Korea's position as a leading country for supercomputing and sovereign AI innovation," said Sik Lee, President, Korea Institute of Science and Technology Information. "We want to nurture experts in data utilization, high performance computing and AI technologies to help bolster our scientific and technological competitiveness. Making AI accessible and inclusive is critical to encouraging innovation across industries and enhancing societal impact." KISTI-6 will be built on the HPE Cray Supercomputing EX4000 system with two partitions, one featuring NVIDIA GH200 Grace Hopper Superchips and another featuring 5th Gen AMD EPYC™ processors. The latest accelerators will process the large amounts of data required for AI training, inference, and simulation. HPE Slingshot interconnect 400, an exascale-capable interconnect, will deliver fast data transfers between the compute and storage units at 400 gigabits-per-second speeds and allows workloads and applications to scale across the entire system. "Researchers, scientists and professionals across the globe are increasingly relying on advanced and complex AI and simulation capabilities to meet the growing demands of supercomputing," said John Josephakis, Vice President of Supercomputing and HPC at NVIDIA. "By collaborating with the Korea Institute of Science and Technology Information and HPE, we're expanding access to high-performance computing, empowering industries and teams to innovate faster and more efficiently." "Leveraging our experience powering the world's most advanced supercomputers, AMD is collaborating with HPE to deliver KISTI-6 using 5th Gen AMD EPYC™ processors – the industry's leading CPU for AI," said Peter Chambers, Managing Director of Sales, APAC and Country Manager, Australia, AMD. "With breakthrough performance and outstanding energy efficiency, we're enabling researchers to solve complex problems fast and efficiently." With the increasing demand from data-intensive workloads, KISTI also selected HPE Cray Supercomputing Storage Systems E2000, integrating fast Non-Volatile Memory Express (NVMe) and high-capacity Near Line (NL)-SAS disks, alongside the HPE Data Management Framework (DMF), for efficient and scalable data management. The fully integrated solution, tailored to KISTI's complex research requirements, will be designed and delivered by HPE and located in a government datacenter, specially adapted for liquid-cooled systems. About Korea Institute of Science and Technology Information (KISTI) The Korea Institute of Science and Technology Information (KISTI) is a government-funded national research institute dedicated to advancing science and technology through cutting-edge expertise in high-performance computing (HPC), big data, and research information services. With over 60 years of experience, KISTI is leading innovation in national R&D by harnessing the power of AI and HPC in the era of the Intelligent Revolution. For more information, visit: About Hewlett Packard Enterprise Hewlett Packard Enterprise (NYSE: HPE) is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly. The company innovates across networking, hybrid cloud, and AI to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: AMD, the AMD logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc. View source version on Contacts Media Contact:Harleen Sachdeva