The Story Behind a Failed HPC Startup

jbrodkin writes "SiCortex had an idea that it thought would take the supercomputing world by storm — build the most energy-efficient HPC clusters on the planet. But the recession, and the difficulties of penetrating a market dominated by Intel-based machines, proved to be too much for the company to handle. SiCortex ended up folding earlier this year, and its story may be a cautionary tale for startups trying to bring innovation to the supercomputing industry."

Comments

The most energy-efficient HPC clusters

[Icegryphon]

in ZA WARUDO!
MUDA DA!

End the FED

[benjamindees]

And this is basically a perfect example of how central bank meddling makes us all worse off. Small firms responding to the market and engaging in actual innovation threaten large, established corporations. Stock indexes fall. The "economy" collapses. The FED goes into damage control mode and starts printing money to hand out to their friends: the large, established corporations. Small firms and start-ups don't receive any of this free money. Large firms use this taxpayer money and the inflationary power of the FED to catch up to their smaller competitors by making incremental changes to existing production lines. The small firms go belly-up. Oligopoly is maintained. The newly unemployed die from lack of healthcare or are sent to get shot at in some unnecessary foreign war funded by their taxes and the same banks that put them out of business. Everything goes smoothly until a new generation or flood of immigrants precipitates resource shortages which incentivize the rise of new, innovative start-ups and begins the "business cycle" all over again.