Towards the AlexNet Moment for Homomorphic Encryption: HCNN, theFirst Homomorphic CNN on Encrypted Data with GPUs

Deep Learning as a Service (DLaaS) stands as a promising solution for cloud-based inference applications. In this setting, the cloud has a pre-learned model whereas the user has samples on which she wants to run the model. The biggest concern with DLaaS is user privacy if the input samples are sensitive data. We provide here an efficient privacy-preserving system by employing high-end technologies such as Fully Homomorphic Encryption (FHE), Convolutional Neural Networks (CNNs) and Graphics Processing Units (GPUs). FHE, with its widely-known feature of computing on encrypted data, empowers a wide range of privacy-concerned applications. This comes at high cost as it requires enormous computing power. In this paper, we show how to accelerate the performance of running CNNs on encrypted data with GPUs. We evaluated two CNNs to classify homomorphically the MNIST and CIFAR-10 datasets. Our solution achieved a sufficient security level (> 80 bit) and reasonable classification accuracy (99%) and (77.55%) for MNIST and CIFAR-10, respectively. In terms of latency, we could classify an image in 5.16 seconds and 304.43 seconds for MNIST and CIFAR-10, respectively. Our system can also classify a batch of images (> 8,000) without extra overhead

Bank competition, information specialization and innovation

Complementary to rich existing evidence on bank competition and corporate innovation, this paper aims to investigate the impacts of bank competition on innovation efficiencies, in terms of both R&D input and output at firm level. By acknowledging the role played by information asymmetries in financing innovation, we also examine the moderating effects of information specialization at both industry and firm level on corporate innovation. Analyzing innovation and bank structure data from U.S. between 1992 and 2010, we show novel evidence that increased bank competition improves innovation efficiencies in terms of both R&D input (investment) and output (patents and profits generated by R&D). In addition, we find bank competition has a greater favorable effect on innovation for those firms with more specialized information, such as those operating in an industry with more dispersed productivity growth and those with more concentrated patent types. Overall, our findings support market power hypothesis and banking strategic theory where bank competition improves credit supply to corporate innovation

ELSI: A Unified Software Interface for Kohn-Sham Electronic Structure Solvers

Solving the electronic structure from a generalized or standard eigenproblem is often the bottleneck in large scale calculations based on Kohn-Sham density-functional theory. This problem must be addressed by essentially all current electronic structure codes, based on similar matrix expressions, and by high-performance computation. We here present a unified software interface, ELSI, to access different strategies that address the Kohn-Sham eigenvalue problem. Currently supported algorithms include the dense generalized eigensolver library ELPA, the orbital minimization method implemented in libOMM, and the pole expansion and selected inversion (PEXSI) approach with lower computational complexity for semilocal density functionals. The ELSI interface aims to simplify the implementation and optimal use of the different strategies, by offering (a) a unified software framework designed for the electronic structure solvers in Kohn-Sham density-functional theory; (b) reasonable default parameters for a chosen solver; (c) automatic conversion between input and internal working matrix formats, and in the future (d) recommendation of the optimal solver depending on the specific problem. Comparative benchmarks are shown for system sizes up to 11,520 atoms (172,800 basis functions) on distributed memory supercomputing architectures.Comment: 55 pages, 14 figures, 2 table