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NEW YORK (CNNMoney) — A new kind of global arms race is unfolding — and this one is measured in petaflops.

Titan, the U.S. Department of Energy’s top open science computer, is going live on Monday with an upgrade that will likely make it the fastest supercomputer on the planet. At 20 petaflops — that’s 20 quadrillion calculations each second — Titan outperforms by four petaflops the DOE’s Sequoia supercomputer, which has held the crown since June. The official “Top 500” ranking of the world’s fastest supercomputers will be announced next month.

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.Click link below for story and videos:

http://money.cnn.com/2012/10/29/technology/innovation/titan-supercomputer/index.html

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