Both the University of Illinois' National Center for Supercomputing Applications (NCSA) and IBM
have cited unforeseen costs and greater than expected complexities amongst reasons for abandoning plans to create a petaflop-speed supercomputer
this Monday. A petaflop, for those wondering, is a measure of the processing speed of a computer, that being a thousand trillion floating point operations per second - a computer with such speed capabilities being news in and of itself. Having started the project back in 2008, IBM
reports today that it has terminated its four-year "Blue Waters" contract estimated at about $208 million USD, previously expected to have been delivered inside 2011.