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Tianhe-2, the new Chinese supercomputer takes the lead and clocks in at 33.86 petaflops to break speed record

Tianhe-2, the new Chinese supercomputer takes the lead and clocks in at 33.86 petaflops to break speed record | Global Asia Trader | Scoop.it

A Chinese supercomputer known as Tianhe-2 was today named the world's fastest machine, nearly doubling the previous speed record with its performance of 33.86 petaflops. Tianhe-2's ascendance was revealed in advance and was made official today with the release of the new Top 500 supercomputer list.

 

Tianhe-2 was developed at China's National University of Defense Technology and will be deployed in the country's National Supercomputing Center before the end of this year. "The surprise appearance of Tianhe-2, two years ahead of the expected deployment, marks China’s first return to the No. 1 position since November 2010, when Tianhe-1A was the top system," the Top 500 announcement states. "Tianhe-2 has 16,000 nodes, each with two Intel Xeon Ivy Bridge processors and three Xeon Phi processors for a combined total of 3,120,000 computing cores."

 

The combined performance of the 500 systems on the list is 223 petaflops, up from 162 petaflops in the previous list released six months ago. A petaflop represents one quadrillion floating point operations per second, or a million billion.

 

26 systems hit at least a petaflop. IBM's Blue Gene/Q accounted for four of the top 10, while Intel provided the processors for 80.4 percent of all Top 500 systems. 39 systems use Nvidia GPUs to speed up calculations, and another 15 use other accelerator or co-processor technology such as AMD's ATI Radeon and Intel's Xeon Phi.

 

252 of the 500 are installed in the US, 112 are in Europe, 66 are in China, and 30 are in Japan. The slowest computer on the list hit 96.6 teraflops, compared to 76.5 teraflops for the slowest computer on last November's list.

 

Besides Tianhe-2, the only new entrant in the top ten is a Blue Gene/Q system named Vulcan at Lawrence Livermore National Laboratory.


Via Dr. Stefan Gruenwald
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Miro Svetlik's curator insight, June 18, 2013 4:01 AM

Hmm so chinese guys have dropped their famed own cpus and are now buying from intel ;). 33.86 petaflops is not bad however in the last article I have read they were claiming something around having 50+ petaflops so I assume this is a temporary figure (http://nextbigfuture.com/2013/06/china-tianhe-2-supercomputer-based-on.html

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Trading Portal for Stock Markets

Trading Portal for Stock Markets | Global Asia Trader | Scoop.it
Europe's Global Online Trading Portal at the Pillars of Hercules in Gibraltar.
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International Adviser: Chase de Vere fined £560k for Keydata sale failings

International Adviser: Chase de Vere fined £560k for Keydata sale failings | Global Asia Trader | Scoop.it
Chase de Vere Independent Financial Advisers has been hit with a fine of £560,000 for misleading customers in the sale of Keydata products.
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Japan in recession as economy contracts 1.6% @investorseurope Mauritius Stock Brokers

Japan in recession as economy contracts 1.6% @investorseurope Mauritius Stock Brokers | Global Asia Trader | Scoop.it
The nation's gross domestic product fell at an annualised 1.6 per cent pace in July-September, after it plunged 7.3 per cent in the second quarter.
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Macau has one company per 13 inhabitants @investorseurope Mauritius Stock Brokers

Macau has one company per 13 inhabitants @investorseurope Mauritius Stock Brokers | Global Asia Trader | Scoop.it

'Local entrepreneurs continue to boost Macau’s economy as they continue to launch a record number of businesses. According to official data, thousands of firms are popping up every quarter, in the main SMEs owned by residents, reports the Macau Business Daily.

In the third quarter of this year,....'

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PS quer saber quantas acções do BES se transaccionaram na véspera da resolução

PS quer saber quantas acções do BES se transaccionaram na véspera da resolução | Global Asia Trader | Scoop.it
Requerimento socialista entregue a Fernando Negrão, que preside à comissão de inquérito, pretende conhecer os fluxos registados pela CMVM de compra e venda de acções do banco, nos quatro dias finais do banco.
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Israel seals long-delayed $144 million missile deal with India - Haaretz

Israel seals long-delayed $144 million missile deal with India - Haaretz | Global Asia Trader | Scoop.it
Under the plan, India will take delivery of 262 Barak 1 missiles over the course of about five years, starting in December of 2015.
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Hong Kong protest site calm as accusations fly

Hong Kong protest site calm as accusations fly | Global Asia Trader | Scoop.it
Hong Kong (dpa) - A key protest site for pro-democracy activists in Hong Kong was calm Monday, after a weekend which saw numerous clashes with poli...
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Is Australia destined to be dragged down by Europe's economic malaise?

Is Australia destined to be dragged down by Europe's economic malaise? | Global Asia Trader | Scoop.it
The EU economy is roughly the same size as the United States. When something that big hits the wall, it has reverberationsGreg JerichoThe global ec...
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India and China Have Outgrown the West - Huffington Post

India and China Have Outgrown the West
Huffington Post
(The trade balance is, however, skewed 2 to 1 in China's favor.) China has now overtaken the U.S.
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Australian Mogul Battled Chinese for Decades to Develop Troubled Mine @offshorebroker

Australian Mogul Battled Chinese for Decades to Develop Troubled Mine @offshorebroker | Global Asia Trader | Scoop.it
Australian billionaire mining magnate and politician Clive Palmer.
Reuters
Clive Palmer, the Australian mogul locked in a fight with a Chinese company over the development of an iron-ore mine, struggled for years to hit pay dirt in the Outback.
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Moody’s upgrades Greece’s credit rating @investorseurope Mauritius Stock Brokers

Moody’s upgrades Greece’s credit rating @investorseurope Mauritius Stock Brokers | Global Asia Trader | Scoop.it
rPositive comments from rating agency boost expectations that Greece’s government may tap bond markets again this year after two sales in April and July
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Alibaba IPO Appears Likely To Make Its Debut In August

Alibaba IPO Appears Likely To Make Its Debut In August | Global Asia Trader | Scoop.it

With many of the where and why questions about Chinese Internet giant Alibaba's much-anticipated initial public offering answered, speculation abou...

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China puts Japan's comfort women back onto the diplomatic table @investorseurope Mauritius Stock Brokers

China puts Japan's comfort women back onto the diplomatic table @investorseurope Mauritius Stock Brokers | Global Asia Trader | Scoop.it

Both Japanese Prime Minister Shinzo Abe and the Chinese leadership have been directing their comments at each other so far this week, with each in ...

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Russia strategically offloading more of its diamond production to India to avoid meltdown

Russia strategically offloading more of its diamond production to India to avoid meltdown | Global Asia Trader | Scoop.it
Last week Alrosa signed a dozen deals with Indian buyers to increase direct deliveries to Asia's third-largest economy. The firm earns half of its revenue, or around $2.5bn, from Indian-funded clients, and the deal could help Russia reduce risks linked to Western sanctions imposed over its role in the Ukraine crisis.
Last month Alrosa revealed a 10.5bn rouble (£110m) loss for its third quarter despite sales rising 7.6pc.
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IKEA’s charitable giving in Russia and the FCPA @investorseurope offshore stock brokers

IKEA’s charitable giving in Russia and the FCPA @investorseurope offshore stock brokers | Global Asia Trader | Scoop.it
When I was about to go work in Russia in 2012, somebody suggested that I read Lennart Dahlgren&...
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Falling oil prices a boon for China's economy

Falling oil prices a boon for China's economy | Global Asia Trader | Scoop.it
Since China surpassed the US in September 2013 as the world's largest net oil importer, falling oil prices have brought enormous benefits to the development of the country's economy, Shanghai's Nation...
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Poutine s'est entretenu avec Obama lors du sommet de l'APEC

Poutine s'est entretenu avec Obama lors du sommet de l'APEC | Global Asia Trader | Scoop.it
Vladimir Poutine a plusieurs fois parlé avec le président américain Barack Obama dans les couloirs du sommet de l'APEC à Pékin.

Via L'Info Autrement
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India's economy likely to grow 6.4% next year; may be a hair's breadth away from China by 2016: OECD

India's economy likely to grow 6.4% next year; may be a hair's breadth away from China by 2016: OECD | Global Asia Trader | Scoop.it
OECD has bumped up India's growth forecast for next year citing a pickup in investment because of the improved political situation.
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China's leading solar firm files for bankruptcy protection in US

China's leading solar firm files for bankruptcy protection in US | Global Asia Trader | Scoop.it
China's leading solar firm LDK Solar filed for bankruptcy protection in the United States Wednesday as a key step for the troubled company's overseas debt restructuring.The company started its overs...
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How Kurds World Forgot Are Holding Off IS

Right now in Syria a desperate fight is under way against Islamic State (IS) forces that control so much of the north of the country.In the east th...
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UK SMEs increasingly look to China for future growth - SMEweb

UK SMEs increasingly look to China for future growth - SMEweb | Global Asia Trader | Scoop.it
This is the finding of new research looking into SMEs' confidence about the UK's economic climate and their growth expectations.

Via Moti Blau
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Pattaya Expats Club : Take Control of Your Finance owering expats to make smart @investorseurope offshore brokers

Pattaya Expats Club : Take Control of Your Finance owering expats to make smart @investorseurope offshore brokers | Global Asia Trader | Scoop.it
'I will be the guest speaker this Sunday at the Pattaya Expats Club. You are welcome to attend. Attached is their newsletter. Page 1 contains the topics they asked me to speak on. The club usually has a good turn out with about 75 to 120 expats. In addition one board member asked me to talk about my latest articles in the Phuket Gazette (Safety and Retirement and the LM Australia scandal which affected many expats in Pattaya and Bangkok). See attached. If you are in Pattaya hope to see you Sunday, otherwise see you in Chiang Mai Sept 25. Topics I will cover in September:Gold: Why I see it continuing to break down. The gold ETF (GLD) sits on support now but if it breaks current levels it is headed 20-30% lower.Gold broke down 2-3 years ago (and US stocks bolted higher for past 5 years). If gold breaks down again, this is a sign of less fear is the world and stocks and equities will likely continue their move higher in the next 1-2 years as we move up the cycle of market emotions curve completing the bull market. Asset model confirms this as well.It will be important to watch the price of gold, US and global markets, bonds and the important technology stocks which are leading this market.The most important IPO is coming public soon, Alibaba. Can you feel the investor public returning to invest and less fear surfacing. Excitement is returning.From 2000 to 2011 gold was loved but watch how investors turn their attention away from gold and fall in love with Apple, Google, Facebook, etc.. as these stocks have posted amazing gains.Apple just yesterday releasing it amazing new Apple Watch. Amazing company and products. Technology and Biotechnology sectors are changing how we all live and work.I will expand on these important observations as the technology revolution takes hold and comes out for all to see.Don Freeman
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China's consumer confidence rebounds in July

China's consumer confidence rebounds in July | Global Asia Trader | Scoop.it
Chinese consumer confidence rebounded for a second month in July on a month-on-month basis amid an upward trend for economic growth, according to an index released on Saturday.The Bankcard Consume...
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India Rules BRICs as Modi Wins Praise in Poll While Brazil Sinks

India Rules BRICs as Modi Wins Praise in Poll While Brazil Sinks | Global Asia Trader | Scoop.it
(For more stories on the Bloomberg Global Poll, click TOP POLL.)July 18 (Bloomberg) -- Modi mania is taking hold across global markets.Financial pr...
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US$ 53 Billion Trade in 5 Months for China and Portuguese-speaking countries @investorseurope

US$ 53 Billion Trade in 5 Months for China and Portuguese-speaking countries @investorseurope | Global Asia Trader | Scoop.it
Trade between China and the Portuguese-speaking countries totalled US$53,345 million between January and May of this year, rising 9.28 percent against the same
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Mother Russia protects Gazprom to offset massive chinese Pipeline costs @offshorebroker

Mother Russia protects Gazprom to offset massive chinese Pipeline costs @offshorebroker | Global Asia Trader | Scoop.it

July 7 (Bloomberg) -- OAO Gazprom, Russia's state-run gas producer, will pay a lower dividend than expected in 2016 as investments in export pipeli...

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