Munich, April 22, 2025 – ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3), a leading European company in the development and design of AI supercomputers, quantum computing, and high-performance computing, today announced the signing of a term sheet for growth financing totalling US$100 million. The financing is provided by a well-known, globally active deep tech investment firm.
With the plann
Munich, April 22, 2025 – ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3), a leading company in the development and design of AI supercomputers, and the Università degli Studi di Napoli Federico II are planning a collaboration for the development, construction and operation of a supercomputer in Naples designed specifically to run cutting-edge, advanced artificial intelligence models. The collabo
ParTec AG is taking a key role in the DARE SGA1 project to strengthen Europe's digital autonomy in high-performance computing and artificial intelligence. The initiative includes 38 partners and aims to develop high-performance, energy-efficient RISC-V-based systems.
ParTec AG's Supervisory Board has extended contracts for four board members Bernhard Frohwitter, CEO, Hans Kilger, CFO, Nurcan Rasig, CSO and Frank Westermann, CHRO to 2030 while two members, Ina Schmitz and Thomas Moschny, resign.
The journey towards Europe’s first exascale supercomputer, JUPITER, at Forschungszentrum Jülich is progressing at a robust pace. A major milestone has just been reached with the completion of JETI, which ranks 18th on the current TOP500 list of the world’s fastest supercomputers, at the same securing a 6th position on the Green500 list of the most energy-efficient supercomputers.
ParTec AG and BF exaQC AG invite the press to a briefing on a patent infringement lawsuit against NVIDIA Corporation, scheduled for November 6, 2024. The conference will cover legal details, impacts on economy, technology, and opportunities for journalist engagement.
Munich, October 28, 2024 – ParTec AG (ISIN: DE000A3E5A34 / WKN:A3E5A3) and its licensing agent BF exaQC AG have filed a patent infringement lawsuit against NVIDIA Corporation at the Unified Patent Court (UPC) in Munich (see ad hoc announcement dated October 28, 2024). The subject of this lawsuit is the infringement of ParTec patents in the use of microprocessors and their cooperation. The lawsuit
The underlying architecture of NVIDIA Corporation’s key GPU products is the subject of the patent infringement lawsuit in Munich (see www.par-tec.com). This lawsuit seeks to prohibit NVIDIA from selling in the protected European countries and demands compensation.
ParTec AG filed a patent infringement lawsuit against NVIDIA Corporation at the Unified Patent Court (UPC) in Munich on October 27, 2024, together with BF exaQC AG. BF exaQC AG is the exclusive licensee and licensing agent of ParTec AG for its patent portfolio.
ParTec AG and Helmholtz-Zentrum Dresden-Rossendorf (HZDR) have signed a memorandum of understanding stating their intention to build up an AI supercomputer together and operate it. The computer with about 500 petaflops, named ‘ELBJUWEL’, will be one of the most powerful AI computers in the world .
The Turing test assesses the ability of machines to demonstrate human-like intelligence, particularly in terms of communication and interaction.
While European and US productivity growth decreased seven and three percentage points, respectively, between 1950 and 2022, the study sees in automation technology a crucial factor to revive productivity growth.
The General Annual Meeting took place in Munich 6th of August 2024.
For the project QSolid the team of over 160 people from 25 partner institutions, including ParTec AG was able to develop key technologies for an initial 10-qubit prototype of the final demonstrator.
100 executives from four countries and six sectors gave their assessment on how prepared their organizations and themselves are to use AI during the latest Egon Zehnder and Kearney survey 2024.
In contrast to the private sector, public investment increased by more than 50% compared to 2022 and accounted for almost a third of all investment in quantum technologies.
According to the consolidated and individual financial statements, revenue of ParTec AG increased by around 165 per cent from EUR 36.1 million to EUR 95.7 million.
The core of the legal dispute is the infringement of ParTec patents relating to the dynamic modular system architecture (dMSA) that ParTec developed and uses worldwide in the construction of powerful leading-edge state of the art AI-supercomputers.
The global artificial intelligence in renewable energy market size was valued at $0.6 billion in 2022, and is projected to reach $4.6 billion by 2032, growing at a CAGR of 23.2% from 2023 to 2032.
Forschungszentrum Jülich, Goethe-University Frankfurt, ParTec and Quantum Machines have partnered for developing a 10+ superconducting qubit system and integrating it into the supercomputing infrastructure of the Jülich Supercomputing Centre.
ParTec AG specialises in the development and manufacture of AI supercomputers based on its modular high-performance computing (HPC) systems and quantum computers (QC) as well as the associated system software. The offering also includes consulting and support services in all areas of the development, construction and operation of these modern systems. The concept of dynamic modular system architecture (dMSA) is the result of more than ten years of research and was developed by ParTec as a novel system design for massively parallel high computing systems. The dMSA and the underlying ParaStation Modulo Software Suite, which was developed and is maintained by ParTec, have proven to be particularly suitable for the complex requirements of massive computing power in artificial intelligence. Further information about the company and ParTec AG's innovative solutions in the field of high-performance computing and quantum computing can be found at www.par-tec.com.
