NEW YORK (Reuters) - IBM Corp. (NYSE:IBM - news) said on Friday it will build a supercomputer that is smaller and 15 times speedier than the current fastest computer, enabling users to solve complex questions more quickly and opening the door for its commercial use.

The new computer is expected to be used for everything from weather modeling to studying genomics data and running commercial database applications, IBM said.

It is the second computer planned as part of an expanding five-year, $100 million project called Blue Gene which IBM began in 1999 with the intention of studying proteins.
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