IBM announced plans Wednesday to pump $3 billion (Sh261 billion) into an overhaul of computer chip technology to better meet modern demands of "Big Data" and computing pushed to the Internet "cloud." The New York-based technology veteran hopes to leave behind the silicon long used in computer chips for a material that could ramp up power while shrinking processors to molecular levels. Services and programs are increasingly being hosted at data centres in the Internet cloud, and companies are keen to mine and quickly analyse mountains of data available in the Internet age. But chip technology...
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