Adoption of Council Regulation to Establish New EuroHPC Joint Undertaking
he Economic and Financial Affairs Council has adopted the Council Regulation on establishing the new European High Performance Computing Joint Undertaking (EuroHPC JU). This marks the start of the EU and EuroHPC JU’s ability to draw funds from the Horizon Europe, Digital Europe and the Connecting Europe Facility programmes that will, together with the investment of the participating states and the EuroHPC Private Members, be worth around €7 billion. This will be done with a view to Europe becoming a world leader in high-performance computing and quantum computing. The promotion of these two fields is vital, as they are a strategic resource for powering innovative applications to understand and design efficient solutions to address many complex societal, scientific and industrial challenges