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White House, agencies commit $200M to solving 'big data' quandary
Federal technology leaders unveiled an initiative to develop better ways of harnessing the rapidly growing volume of increasingly complicated data sets, known as big data. The push is led by a joint solicitation — from the National Science Foundation and the National Institutes of Health — to develop the core technologies for reigning in big data. All told, six federal departments and agencies will take part in the program — committing more than $200 million in research-and-development investments.