The following appears on Fortune.com

HP Labs has been Hewlett-Packard’s engine of innovation for decades, but the division won a lot of attention this year when it began talking about the Machine, an ambitious project to create an entirely new computing architecture capable of handling the ever-increasing demands of big data and the Internet of things.

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How bold is HP’s vision for the Machine? The last time a broad-based computing architecture was conceived was the Von Neumann architecture in the 1940s. Nearly everything that has happened in computing since—the PC, the Internet, Silicon Valley itself—has largely relied on it.

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