Leaders

China’s $3bn supercomputing hub

Add Ticker News on Google
"Chinese developed supercomputer Sunway-TaihuLight operates at the National Supercomputing Center in Wuxi city, east China's Jiangsu province, 20 June 2016."

China will build a $3 billion supercomputing centre by the end of the year to analyse data from space.

The centre will be built ‘s in China’s southern space port of Wenchang.

With a planned investment of 20 billion yuan ($3.1 billion), the supercomputing centre will provide big data services.

China wants to build a massive constellation of commercial satellites that can offer services including high-speed internet.

Earlier this month, the government announced plans for the commercial space base in Hainan.

The government also supports Hainan in its international cooperation on launching commercial satellites and payloads, and research and development in commercial spaceflight.

Up next
China’s rapid tech advancements transform industries and filmmaking

China's rapid digital transformation leads global innovation in smart city tech and AI integration, featuring insights from Larry Levene

Read the story →

Comments

No comments yet. Start the conversation.

Comments are checked before they appear. Keep it civil, and please don't make claims about people you can't back up.

Ticker Today takes a daily view of the world of news, politics and business.With Ahron YoungWhisky & Suits explores law, property finance and business over fine whisky.With Imran Khan and Chris ChristofiThe Founders Method explores practical lessons and systems for entrepreneursWith Jonathan Byrt and Jesse LeeworthyThe Connector explores property and urban growth across Australia and the UK.With Belinda CoateThe Property Playbook delivers research-led insights for property investors.With Tim Graham and Terry RyderState of Hospitality explores the challenges facing Australia's hospitality.With Jeremy KoadlowBuying Power helps young professionals enter property and build lasting wealth.With Victor and Reshmi KumarThe Airport Economist explores global trade, business and economic outlooks.With Tim HarcourtMedia Movers explores the trends shaping Australia's media and global news.With James ManningBroker Business explores strategies to build, grow and sustain a business.With Rex AfrasiabiMoney Matters explores practical financial strategies to build lasting wealth.With Dr Steven EnticottBeyond Education explores the ideas and technology shaping future learning.With Greg CampitelliTicker Air explores the latest aviation news, travel trends and developments.With Ahron YoungEarly Years Dialogue explores the issues shaping Australia's early learning.With Paul MondoMarkets and Machines explores AI, regulation and trends shaping the markets.With Chris BergSocial Intelligence explores how social media and AI transform our daily lives.With Dr Karen SutherlandThe AI Edge explores how artificial intelligence reshapes the world economy.With Brad Gastwirth

More from Ticker

Watch

More in Leaders

View all →