IBM + Google = Grid Apps Nirvana

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IBM and Google plan to exploit their common technological world view and considerable talent to build a worldwide network, or cloud, of servers from which consumers and businesses will tap everything from online soccer schedules to advanced engineering applications.

"It's the story of our lifetime," said Schmidt.

And

IBM and Google on Monday released details on their "academic cluster computing initiative" to provide data centers for remote computer programming.

The centers would allow a larger number of students and programmers to have access and processing power for writing software code involving massive amounts of data over the Internet, a practice known as "cloud computing."

The program, which is already under way at the University of Washington, will also be rolled out at Carnegie-Mellon University, the Massachusetts Institute of Technology, Stanford University, the University of California at Berkeley and the University of Maryland. IBM and Google will provide hardware, software and services.

"The goal of this initiative is to improve computer science students' knowledge of highly parallel computing practices to better address the emerging paradigm of large-scale distributed computing," said IBM in a statement.