6 Feb 2018 Brussels - As Flemish Minister Philippe Muyters stated in his Parliament - see our coverage yesterday - EuroHPC will invest around 1,3 billion in exascale supercomputer performance, not 1 billion as was communicated before. Around 1 billion is just the investments by the European Union (486 million) and the participating countries (matching 486 million). Another 422 million are investments expected from industry. A briefing "European High-Performance Joint Undertaking" for the European Parliament confirms these numbers. The briefing, published yesterday, is part of the European Legislation process to establish a EuroHPC Joint Undertaking as legal entity. The briefing outlines the background of EuroHPC and the steps towards legislation which is to be concluded by the adoption of the European Council.
Following the EuroHPC declaration signed initially by 7 countries in March 2017 in Rome, which was later signed by 7 more countries, the European Commission adopted a proposal to establish a EuroHPC Joint Undertaking in January 2018. A process to get this Joint Undertaking established was started. The European Parliament is one of the entities that have there say during this process. National parliaments can make observations on the proposal.
The briefing, authored by Vincent Reillon of the European Parliamentary Research Service, although intended for the members of the European Parliament is an interesting 8 pages to read for anyone interested in EuroHPC governance.