Economy
What’s a Supercomputer? How US will decide who to punish with China tech curbs
Choosing who gets hurt by sweeping new U.S. curbs on selling technology to China will drop in part to what is considered a “supercomputer,” experts told.
Across the Globe, the semiconductor firm on Friday, 7 October started to wrestle with wide-ranging U.S. restrictions on selling chips and chip-making equipment to China.
Shares of chip equipment makers drooped, but industry experts said a new U.S. definition of a supercomputer could be crucial to the new rules’ impact on China.
Supercomputers can be used in developing nuclear weapons and other military techniques, and experts say how to define them has long bedeviled regulators trying to pin down an ever-advancing technological target.
The new American rules define supercomputers broadly in terms of computing power in a defined space: a machine with 100 petaflops – the ability to carry out 100 trillion operations per second – in 41,600 cubic feet, with some other caveats.
Senior government officials said in a media briefing that their intention was to target only China’s most advanced systems that could represent a national security threat to the U.S. rather than commercial activity.
But experts wondered whether Chinese tech giants’ densely packed data centers owned by the likes of Alibaba Group Holding (9988.HK) or TikTok-owner ByteDance might soon reach supercomputer status based on the new definition, even if that is not what U.S. regulators intended.
“Data center build-outs like Alibaba or ByteDance would have the potential to reach petaflop build-outs,” said CCS Insight chip analyst Wayne Lam.
The new meaning is unlikely to change as industry technology improves. Current-day Chinese supercomputers may one day become the corporate standard, but they will still face the limits imposed Friday to stop any chip made with U.S. equipment or technology from going into China. Companies “may very well run into supercomputing limitations within the next couple of years,” Lam said.
Jack Dongarra, an expert in computer science who helps lead a group called TOP500 that ranks the world’s fastest supercomputers, said he disagreed with the static definition.
“The issue is that the definition of a supercomputer will change over time,” he said by email.
Major Chinese companies with big data centers such as Baidu, Alibaba and ByteDance did not immediately respond to requests for comment. Tencent declined to comment.
The meaning of computing power per cubic foot also may offer room for creative workarounds. For instance, said one expert, use fiber optic cables to tie together immense computing power over a larger space.
“They could spread their supercomputers out over a larger space,” said one chip and data center expert who requested anonymity due to the politically charged nature of the new rules.
“The average supercomputer architect would say, ‘That’s not how things are done!’ But not being able to do it another way breeds a lot of creativity, and willingness to do things differently.”
Economy
Remittances Top $2bn in First 28 Days of September
Expatriate Bangladeshis sent approximately US$ 2.11 billion in remittances during the first 28 days of September in the fiscal year 2024-25, according to data released by Bangladesh Bank on 29 September.
Of this total, state-owned and specialised banks handled $679.10 million, while private banks received $1.43 billion in remittances.
Economy
Yunus Pledges Swift Reforms and Election in Bangladesh’s Interim Govt
Chief Adviser to Bangladesh’s interim government, Professor Muhammad Yunus, has vowed to expedite reforms and hold elections swiftly. Yunus, who recently assumed the role after the collapse of Prime Minister Sheikh Hasina’s 15-year administration, expressed his commitment during an interview with Tokyo-based news outlet NHK WORLD in New York on Sunday. He was attending the United Nations General Assembly at the time.
Following mass student-led protests that ended Hasina’s long-standing rule in August, Yunus stepped in as the leader of the caretaker government. Known for founding Grameen Bank, an institution providing microloans to the underprivileged, Yunus, along with the bank, earned the Nobel Peace Prize in 2006 for his efforts in poverty alleviation.
During the interview, Yunus emphasized that the interim government’s primary mission is to implement reforms promptly and ensure elections are held as soon as the groundwork is complete. He underscored the importance of success, stating, “Failure is not something that we can accept.”
Addressing the pivotal role of students in the ousting of the Hasina administration, Yunus acknowledged the sacrifices made by young people, referring to their involvement as part of a “revolution.” He highlighted his intention to engage the younger generation in shaping policy.
Furthermore, Yunus called for continued support from Japan, Bangladesh’s largest donor, during this crucial transition period. He stressed that Japan’s assistance is vital to stabilizing Bangladesh’s economy and fostering a democratic foundation in the nation.
Economy
Polythene Bags to Be Phased Out, Says Environment Adviser Rizwana Hasan
Syeda Rizwana Hasan, the Adviser for Environment, Forests, and Climate Change, announced today that steps will be taken to restrict the use of polythene shopping bags to safeguard future generations.
Starting from October 1, polythene bags will be banned in shopping malls, followed by a ban in kitchen markets from November 1.
“Everyone must take responsibility and stop using polythene voluntarily. Action against polythene producers will begin from November 1,” Rizwana Hasan stated during a seminar.
The Department of Environment (DoE) organized the seminar to raise public awareness about alternatives to banned polythene bags.
Rizwana Hasan highlighted that the restriction on polythene will be executed in phases according to legal provisions, and discussions with shopping centers and store owners are ongoing to ensure a smooth transition.
She also announced plans to make the government secretariat a plastic-free zone by December.
Other speakers at the seminar included Environment Secretary Dr. Farhina Ahmed, DoE Director General Dr. Abdul Hamid, Director Rajinara Begum, President of the Shop Owners Association Muhammad Helal Uddin, and Md. Arifur Rahman Bhuiyan, Assistant Professor of Environmental Science at BUP. They discussed the harmful effects of polythene and the need for alternative products.
Earlier, Rizwana Hasan inaugurated a fair showcasing eco-friendly alternatives to polythene bags and visited 24 stalls. The fair featured products from government and private entrepreneurs, including reusable bags, jute bags, paper bags, and items made from bamboo and cane.
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