
China Starts Building First Giant Supercomputer Network in Space
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
China has begun launching satellites for a giant computer network in space, according to the China Aerospace Science and Technology Corporation.
Newsweek contacted the company and the United States Space Force for comment.
Why It Matters
Space is an increasing frontier for competition between China and the United States. Putting a computer network in space marks a step change from using satellites for sensing and communications, but leaving them dependent on their connections to Earth for data processing.
The satellite constellation planned by China would allow the network to operate free of such constraints. It would avoid the need for the costly cooling systems that Earth-based computing requires and remove it from the risks of being tied to the ground — also providing potential military advantages in the event of conflict.
The new network's artificial intelligence capabilities highlight the intensification of the AI race between China and the United States.
What To Know
The state-owned China Aerospace Science and Technology Corporation said that 12 satellites were launched from the Jiuquan Satellite Launch Center in northern China aboard a Long March 2D rocket on May 14.
"It successfully sent the space computing satellite constellation into the predetermined orbit. The launch mission was a complete success," it said. "The space computing satellite constellation is the first constellation of the 'Star Computing' program."
The satellites of the Star Computing program are developed by the Guoxing Aerospace Corporation.
The plan is to have 2,800 satellites that will be connected to each other by laser in a single computing network, according to the Chinese-language ST daily, the official newspaper of the Ministry of Science and Technology.
Image representing data processing in space
Image representing data processing in space
AI generated
The number of satellites is still small compared to the Starlink communications network of Elon Musk's SpaceX, which is the world's largest satellite constellation and had more than 6,750 satellites in orbit by the end of February, according to the company. Launches continue and it may eventually expand to over 30,000 satellites.
In a sign of the U.S.-China space rivalry, an American military satellite was tracked "buzzing" its Chinese counterparts recently. Chinese space projects in Latin America have become a concern for the United States, a top U.S. general warned.
What People Are Saying
The Chinese Ministry of Science and Technology's ST Daily: "The construction of the first constellation will build a future computing network... meet the growing demand for real-time computing in space, and help the country take the lead in building global space computing infrastructure, take the commanding heights of the path of the future industry and break through the boundaries of the field of artificial intelligence from the ground to space."
Jonathan McDowell of Harvard University, quoted by the South China Morning Post: "Orbital data centres can use solar power and radiate their heat to space, reducing the energy needs and carbon footprint... Today's Chinese launch is the first substantial flight test of the networking part of this concept."
What Happens Next
China is expected to intensify research as it seeks to surpass the United States in space technologies, high speed computing and artificial intelligence.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Dear Rigetti Computing Stock Fans, Mark Your Calendars for August 12
Rigetti Computing (RGTI) enthusiasts should circle August 12 on their calendars, as that's when the company is scheduled to release its Q2 2025 earnings after the market closes. With analysts anticipating a nearly 30% narrowing of losses, all eyes are on whether Rigetti can deliver on improving fundamentals. Investors will be watching closely for updates on its progress in scaling quantum systems, advancing partnerships, and moving toward commercial viability. In an industry defined by rapid innovation and high volatility, any new details on Rigetti's roadmap, revenue trajectory, or technological milestones could drive notable market moves. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! About Rigetti Stock Rigetti Computing, founded in 2013 and headquartered in Berkeley, California, is a leading developer of full-stack quantum computing solutions. It designs, manufactures, and deploys superconducting quantum processors and supporting software platforms like Forest and Quantum Cloud Services. The company carries a market cap of nearly $5 billion, reflecting growing investor interest in its potential. Rigetti Computing's stock has experienced a notable rally recently, reflecting renewed investor optimism in quantum technology. Over the past month, its gain stands at 31.5%. A standout event contributing to this upward trend occurred in mid-July, when Rigetti's stock surged 30.2% in a single day of trading on July 16, following the announcement of a critical technical breakthrough, achieving 99.5% two-qubit gate fidelity. Meanwhile, analysts have become increasingly optimistic, which has helped shift investor sentiment considerably. In fact, the company has delivered an extraordinary 1,926% return over the year, vastly outperforming broader benchmarks such as the S&P 500 Index ($SPX), which has risen 19.4% in the same period. Rigetti Secured a String of High-Profile Awards in Q1 Rigetti Computing's Q1 2025 financial report, released on May 12, paints a picture of a company balancing operational challenges with strategic and technological advances. For the quarter ended March 31, revenues totaled just $1.5 million, down markedly from the prior-year quarter's $3.1 million, while operating expenses climbed to $22.1 million, resulting in an operating loss of $21.6 million. Despite this, a net income of $42.6 million was recorded, driven almost entirely by $62.1 million in non-cash gains stemming from derivative warrant and earn-out liability revaluations, a significant turnaround from the losses in the year-ago quarter. Rigetti reported EPS of $0.13, a notable improvement from the loss of $0.14 per share in Q1 2024. Rigetti simultaneously secured a string of high-profile awards and collaborations that underscore its commitment to advancing quantum computing. The company entered Stage A of DARPA's Quantum Benchmarking Initiative, a performance-based contract worth up to $1 million, centered on its utility-scale quantum computer concept developed with partner Riverlane. An additional award worth $5.48 million was granted to lead a consortium exploring the Alternating-Bias Assisted Annealing (ABAA) chip fabrication technique aimed at improving the microscopic quality of superconducting qubits. Across the pond, Rigetti won three Innovate UK Quantum Missions pilot awards, funding projects such as upgrading its NQCC-hosted QPU from 24 to 36 qubits, integrating chip-based controls with its 9-qubit Novera QPU in partnership with SEEQC, and developing a shared open-architecture quantum testbed with collaborators like TreQ, Qruise, Q-CTRL, and Oxford Ionics. In terms of capital strength, the company ended Q1 with $209.1 million in cash, cash equivalents and available-for-sale investments, which grew to $237.7 million by April 30 following the closing of the share purchase by Quanta Computer. Rigetti Fans, Mark Your Calendars for August 12 Leading into its Aug. 12 earnings release, analysts anticipate that Rigetti will report a narrower loss per share of $0.05, compared to a Q2 2024 loss of around $0.07 per share, which is a 28.6% improvement. On the revenue front, projections indicate a decline of 39.3% year-over-year (YoY), with expected revenue around $1.87 million. Meanwhile, analysts anticipate loss per share to improve 30.6% YoY to $0.25 in fiscal 2025, before improving by another 16% to reach $0.21 in fiscal 2026. Regarding the broader 2025 roadmap, Rigetti has laid out some forward-looking technical milestones. Management highlighted plans to scale its quantum systems, targeting a 36-qubit processor by mid-2025 and surpassing 100 qubits by year-end, along with achieving 99.5% to 99.7% two-qubit gate fidelity and gate speeds under 10 nanoseconds. What Do Analysts Expect for Rigetti Stock? Rigetti's stock has seen a wave of bullish upgrades in recent weeks. The most notable came on Aug. 4, when Needham analyst Quinn Bolton raised his price target from $15 to $18 and reaffirmed a 'Buy' rating, citing surging momentum in the quantum computing industry, boosted by initiatives like DARPA's Quantum Benchmark Initiative and Congressional progress on the Department of Energy Quantum Leadership Act of 2025. Just a couple of weeks earlier, on July 23, B. Riley also increased its price target, lifting it to $19 (from $15) while maintaining a 'Buy' stance. Wall Street is majorly bullish on RGTI. Overall, RGTI has a consensus 'Strong Buy' rating. Of the six analysts covering the stock, five advise a 'Strong Buy,' and one suggests a 'Moderate Buy.' The average analyst price target for RGTI is $16.33, marginal potential upside. B. Riley's Street-high target price of $19 suggests that the stock could rally as much as 19%. On the date of publication, Subhasree Kar did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


New York Post
an hour ago
- New York Post
Trump defends taking 15% cut of Nvidia, AMD chip sales to China
President Donald Trump defended his controversial deal requiring Nvidia and AMD to fork over 15% of their China sales revenue to the US government to skirt export controls — insisting the computer chips involved are outdated technology. 'No, this is an old chip that China already has,' Trump said Monday, referring to Nvidia's H20 processor, adding that 'China already has it in a different form, different name, but they have it.' The president emphasized that America's most advanced chips remain off-limits to China, describing Nvidia's newest Blackwell processor as 'super, super advanced' technology that 'nobody has' and won't have 'for five years.' 4 President Donald Trump defended his controversial deal requiring Nvidia and AMD to share 15% of their China sales revenue with the US government. AP The two tech companies agreed to the deal under an arrangement to obtain export licenses for their semiconductors. Trump on Monday painted himself as a tough negotiator who extracted payment for access to the Chinese market while protecting America's technological edge. He described his negotiations with Nvidia CEO Jensen Huang as a back-and-forth over percentages. Trump initially wanted 20% of the sales money, but Huang talked him down to 15%, according to the president. 'And he said, 'Will you make it 15?' So we negotiated a little deal,' Trump recounted. The president repeatedly stressed that the H20 chips are essentially obsolete. 4 Trump initially wanted 20% of the sales money, but Nvidia CEO Jensen Huang (pictured) talked him down to 15%, according to the president. AFP via Getty Images 'It's one of those things. But it still has a market,' he explained, suggesting China could easily get similar technology elsewhere, including from their own company Huawei. Its' Blackwell chip, meanwhile, delivers two-to-four times the performance of previous generations of graphics processing units (GPUs) with over 208 billion transistors and cutting-edge AI capabilities. The US had previously blocked companies from selling certain chips to China, worried that advanced technology could help China compete with America in areas like artificial intelligence. 4 Nvidia's logo is seen displayed on the company's Blackwell GPU chip — an advanced processor that won't be sold to China, according to Trump. Bloomberg via Getty Images Trump was adamant about keeping the best technology for America. Regarding the advanced Blackwell chip, he said, 'I wouldn't make a deal with that, although it's possible I'd make a deal … 30% to 50% off of it.' He compared the deal with Nvidia and AMD over its MI308 chips to how America sells fighter jets to other countries but keeps the best features for itself. 'We will sometimes sell fighter jets to a country and we'll give them 20% less than we have,' he explained. AMD's stock price jumped more than 2% Monday, while Nvidia shares climbed modestly. Investors figure that keeping 85% of the money from China sales beats not making any money, which is what these companies were looking at. 4 AMD, another chipmaker, will also share proceeds of its sales to China with the US government. REUTERS Trump framed the deal as putting America first, insisting the money goes to the country, not him personally. 'When I say I want 20 (percent), I want for the country. I only care about the country. I don't care about myself,' he said, defending against any suggestion of personal benefit. China isn't thrilled about the arrangement. Their state-run newspaper called out America for using 'economic leverage' after originally claiming the export bans were about security. Meanwhile, Chinese officials have been questioning whether American chips might have secret 'backdoors' that could let someone spy on them – accusations Nvidia firmly denies. 'We follow rules the US government sets for our participation in worldwide markets,' an Nvidia spokesperson told The Post. 'While we haven't shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide.' The company warned that 'America cannot repeat 5G and lose telecommunication leadership.' 'America's AI tech stack can be the world's standard if we race,' the spokesperson added. The Post has sought comment from AMD and the Chinese government.


Atlantic
an hour ago
- Atlantic
Who's Afraid of Peak Mineral?
In 1956, the American geologist M. King Hubbert made a startling prediction: In a matter of decades, the supply of fuel on which so much of modern society depended would dwindle. Dubbed the 'peak oil' theory, the concept held sway for decades as U.S. production of crude topped out in 1970, then declined. By 2009, however, the numbers started to turn, thanks to offshore drilling and new fracking technology, until U.S. crude oil output surpassed not just the country's 1970 peak but that of every other crude-pumping nation throughout all of history. Now, as the emissions spewed by burning all that crude help roast the planet, a new anxiety has started to grip energy policy: the possibility of peak mineral. The technologies the world is banking on to wean us off fossil fuels all depend on minerals, in various quantities: the so-called white gold of lithium and the bluish metal cobalt needed for batteries; the brittle metalloid tellurium used in solar cells and microchips; the tin for the soldering that forms a grid of cells on a panel; the soft, silvery cadmium and indium that formulate special kinds of thin-film photovoltaic equipment. Because renewables now make up the fastest-growing source of power generation worldwide, investors have been trying to bolster supplies of these minerals. A new study published Thursday in Nature Climate Change tried to look more comprehensively than any previous effort at the world's mineral future, considering 557 energy-transition scenarios that might keep the world from warming beyond 2 degrees Celsius, the target set as the maximum amount of allowable warming by the Paris climate accords. The researchers, a team of Chinese scientists led by the Beijing Institute of Technology, found that, even given moderate emission-reduction, the world would face shortages of up to 12 minerals by 2100 in every energy-transition scenario. In some regions of the world, such as the Middle East, twice as many minerals could be in shortfall. But clean-energy technologies are advancing rapidly enough that trying to imagine the industry's needs 75 years from now is a very theoretical exercise. Just as fears of peak oil were eventually mooted by technology, fears of peak mineral very well could be too. It's true that the world cannot currently meet humanity's growing need for energy while phasing out fossil fuels. As Ashley Zumwalt-Forbes, a petroleum engineer who previously worked as the Department of Energy's deputy director for batteries and critical materials, put it to me bluntly: 'We need more mines.' Known mineral reserves are limited, but the financial gymnastics necessary to open a mine are also a major barrier to increasing supply. These projects take decades to go from conception to operational; investors want to mine minerals that are cheap enough to be widely available (and therefore used in mass-market products), but expensive enough to make the new venture profitable. If the price of a mineral remains too high, though, the market for it won't grow fast enough to make new mines worthwhile. That's what made the Trump administration's decision last month to buy a big stake in MP Materials, the only active rare-earths mining company in the United States, so notable. It's the first time since World War I, when the federal government nationalized the railroad system, that Washington has directly intervened in the private sector. The U.S. was certainly motivated by competition with China, which has gobbled up the world's market share for mining and processing minerals needed for batteries and microchips, and recently slapped trade restrictions on exports of key metals. But because the Department of Defense now sets the price at which it will buy MP Materials' minerals and is its largest shareholder, MP Materials is also insulated from the ups and downs of commodity trading. In this still-early stage of the world's clean-energy boom, though, mineral needs are shifting quickly and opening up opportunities for substitutes. Silver demand grew over the past two decades thanks to solar cells, which today make up nearly 14 percent of global usage of the precious metal. While demand is growing as more panels are produced, improvements in the technology have slashed silver usage per unit by more than half in the past 15 years, Seaver Wang, the director of the climate and energy team at the Breakthrough Institute think tank in California, told me. Substitutes such as copper that has been electroplated are becoming more common. Alloys used in the control rods in nuclear reactors—such as indium and cadmium—are already substitutable too, he said: Boron-carbide rods are at no risk of shortages, and even available 'off the product catalog at Westinghouse.' (Wang served as a peer reviewer on the Nature Climate Change study.) Companies have rolled out alternatives to lithium too—most notably batteries that use the far more abundant sodium. And because cobalt, a key ingredient in batteries, is primarily extracted in the Democratic Republic of the Congo, where labor practices are difficult to trace and often include child workers and slaves, manufacturers have in recent years commercialized new chemistries that completely forgo that metal. Five years ago, the energy consultancy BloombergNEF forecast demand for cobalt to hit 300,000 metric tons a year by 2030, according to Kwasi Ampofo, the consultancy's head of metals and mining. 'Now it's 100,000,' he told me. 'Battery companies realized they don't need cobalt in large quantities anymore. They got smarter on the material composition of these technologies.' The speed of innovation occurring now only points to how hard it is to predict 'mineral requirements for global-warming scenarios out to 2100,' Cameron Perks, a director at the London-based battery-materials consultancy Benchmark Mineral Intelligence, told me. The Nature Climate Change study forecasts, for instance, that Africa will be a major source of lithium. 'While I don't claim to know what will happen in 75 years, I know this is not going to be true anytime soon,' Perks said. The study's authors recognize these limitations. 'These findings underscore the complex and interconnected nature of mineral demands in low-carbon transitions,' they wrote in an email. 'While shifting technologies may relieve certain resource pressures, they can intensify others.' One of the study's clear limits is that the researchers based their calculations on high future growth rates for thin-film solar panels, which depend heavily on indium, cadmium, tellurium, and tin. As a result, those minerals most frequently came up short in the findings. But thin-film panels are also outdated technology. They have the advantage of generating more power in the dawn or late evening than crystalline silicon panels, which also require more steps to manufacture. Still, silicon panels have benefited from the scale of the solar-panel industry in China, and require less complicated chemistry; they have dominated the market since the early 2000s. In the email, the researchers acknowledged that thin-film solar panels losing market share might ease some shortages, but noted that that shift increases demand for other metals, particularly tin. Their goal, they wrote, was to 'encourage systemic thinking in designing sustainable energy transitions.' Substitution is just part of that equation. Oil supplies went up in part because natural gas became a viable alternative once technology to super-chill the fuel into its liquid form became an option. Unconventional drilling technology entered the mix after oil prices surged to record highs in the 2000s, making new and more expensive up-front projects economically viable. If new types of traditional nuclear reactors take off in the 2030s, that could radically alter the world's forecasted mineral needs. If nuclear fusion finally becomes a reality, that could upend all the projections. Artificial intelligence could achieve breakthroughs in material science; mining asteroids may become a source of minerals. If the old adage proves true that change is the only certainty in an more unpredictable future, that bodes well for adaptation.