Pittsburgh supercomputer gets another $1.9 million
The National Science Foundation has extended funding for Pittsburgh Supercomputing Center’s Bridges supercomputer for an additional year, through November 2020. The additional operational funding of $1.9 million will bring the total funding to over $19 million. NSF awarded the original grant for Bridges to begin in December 2014.
New primary care center to open Downtown
Highmark Health and Allegheny Health Network will open a primary care center Tuesday in Fifth Avenue Place, Downtown. The clinic, the first of its kind in the Golden Triangle, will be at 501 Penn Ave. and is intended to serve the medical needs of the more than 110,000 people who work in Downtown.
Tesla stock falters after Musk backpedals
Tesla shares fell 1.1 percent to $319.27 after CEO and top shareholder Elon Musk said over the weekend that the electric car maker will remain a publicly traded company. Mr. Musk wrote in a Friday blog post that he gave up on a plan to take the company private, partly because investors didn’t support it. Wall Street was stunned early this month when Mr. Musk tweeted that he had secured funding to take Tesla private, and while its stock jumped initially, investors remained skeptical. Mr. Musk said his proposal valued Tesla at $420 a share, and afterward the stock peaked at about $380 a share, close to an all-time high for Tesla but still well below the price he named.