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GridGain + Multi-Core processors

Submitted by cahn on 16 November, 2008 - 3:24pm

GridGain is an open source product written in Java providing a grid computing platform. It is known to be one of the more widely used grid product, certainly, as far as I see, one of the easiest to "gridify" or grid-enable an existing product.

One of the applications of the product is to couple with Amazon EC2 to make a "cloud" computing platform. See Gridgain + Amazon EC2

The widespread use of "multi-core" PCs also means that the product can be used to "parallelise" to take advantage of this increased power.

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What did I say then?

Goldman Sachs ponders ICBC stake

Submitted by cahn on 11 July, 2005 - 12:58pm

Goldman Sachs is considering buying a stake worth more than $1bn in Industrial and Commercial Bank of China ahead of a overseas listing by the country's largest lender set for 2007.

......the discussions between Goldman Sachs and ICBC were at an early stage and the size and exact value of the stake to be sold had not yet been finalised.

However, the decision by Goldman Sachs' private equity unit to consider committing more than $1bn to ICBC underlines the growing interest by international financial groups in the future potential of China's troubled state lenders.

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