Japan is looking to retake the title of having the world's fastest supercomputer, a title the country lost to tech leaders like the United States and China. Japan recently announced its intention to build the world's fastest and most efficient supercomputer by the end of 2017.

Japan said that it is currently accepting bids that will run until Dec. 8. Authorities said that the supercomputer will be called Artificial Intelligence Bridging Cloud Infrastructure (AIBC).

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The AIBC aims to deliver groundbreaking features in terms of supercomputing. Once operational, the supercomputer will help in the development of artificial intelligence as well as the provision of cloud computing platform for various companies, startup firms, and academic and research institutions.

The title of the world's most powerful computer is currently held by Sunway TaihuLight, which is situated in China. The supercomputer has a computing power of 93 petaflops, which represent about a quadrillion floating-point operations per second.

The Japanese National Institute of Advanced Industrial Science and Technology (AIST) is tasked for developing and constructing the AIBC. According to the Christian Science Monitor, the institute said that its plan is to operate the AIBC in excess of 130 petaflops once it starts operating.

AIST director general Satoshi Sekiguchi told Reuters, "As far as we know, there is nothing out there that is as fast."

The plan to build the AIBC comes after Japanese Prime Minister Shinzo Abe expressed his intention to put Japan in the forefront of the fast growing tech market. Abe has called various government institutions and private firms to work together in order to achieve this goal.

TagsJapan, AIBC, Supercomputer, supercomputer news, japan supercomputer, artificial intelligence bridging cloud infrastructure