IBM is offering up its speedy supercomputer to help researchers combat the novel coronavirus. AP
IBM is offering up its speedy supercomputer to help researchers combat the novel coronavirus. AP
IBM is offering up its speedy supercomputer to help researchers combat the novel coronavirus. AP
IBM is offering up its speedy supercomputer to help researchers combat the novel coronavirus. AP

How an IBM supercomputer is helping in the fight against Covid-19


Kelsey Warner
  • English
  • Arabic

US tech company IBM is partnering with the White House to use supercomputing power and help researchers working to fight the spread of the coronavirus pandemic.

IBM, the White House Office of Science and Technology Policy and US Department of Energy will roll out the Covid-19 High Performance Computing Consortium to offer “an unprecedented amount of computing power”, said Dario Gil, director of IBM Research.

The supercomputer is expected to assist researchers around the world to better understand the virus and build predictive models to analyse its progress as a disease. The machine can also help explore potential treatments or formulate a vaccine.

Covid-19 is the greatest challenge to scientists since the 1918 Spanish Flu, spreading to every continent except Antarctica. The global death toll is now approaching 15,000, with more than 341,000 confirmed cases and nearly 99,000 recoveries as of Monday, according to Johns Hopkins University, which is tracking the outbreak.

IBM Summit, by some assessments the world's fastest supercomputer, has enabled scientists to run simulations of what drug compounds may work against the virus, coming up with 77 recommendations.

“It took us a day or two, whereas it would have taken months on a normal computer,” said Jeremy Smith, governor’s chair at the University of Tennessee, director of the UT/ORNL Center for Molecular Biophysics, and principal researcher in the study. “Our results do not mean that we have found a cure or treatment for Covid-19. We are very hopeful, though, that our computational findings will both inform future studies and provide a framework that experimentalists will use to further investigate these compounds.”

The new consortium will review research proposals from around the world and make Summit's supercomputing power available to projects that can have the most immediate effect. Technical assistance will be offered to researchers using it.

“These high-performance computing systems allow researchers to run very large numbers of calculations in epidemiology, bioinformatics and molecular modeling,” Mr Gil said. “These experiments would take years to complete if worked by hand, or months if handled on slower, traditional computing platforms.”

Summit has been working on some of the world’s biggest problem-solving challenges since 2018. It has helped researchers understand the origins of the universe, mapped the role of genetics in the opioid crisis and showed how humans may someday land on Mars.

This is not the first time an IBM supercomputer has assisted in scientific breakthrough. Sixteen years ago, IBM’s Blue Gene played a critical role in sequencing the human genome, opening the door for new drugs and treatments.

Blue Gene went on to simulate approximately 1 per cent of a human cerebral cortex, containing 1.6 billion neurons with approximately 9 trillion connections, leading to a greater understanding of the human brain.

Other partners taking part in the new consortium include Nasa, Massachusetts Institute of Technology , Rensselaer Polytechnic Institute, Lawrence Livermore National Lab, Argonne National Laboratory, Oak Ridge National Laboratory, Sandia and Los Alamos National Laboratories and the US National Science Foundation.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”