Shanghai Xingshu launches first constellation of its space-based computing project

SHANGHAI, July ‌18 - Shanghai ​Xingshu ​Tiansuan Space Technology Co. on Saturday said it had launched ‌the first constellation of a space-computing ⁠project that in total aims to deploy ‌1,000 satellites in ‌space.

• Space-based computing means processing data in orbit, including AI and remote-sensing ​workloads, instead of sending all raw data back to Earth.

• Xingshu ⁠Tiansuan said the launch marked a step closer to ​the commercial operation of China's first space-based computing network.

• The announcement ​coincided with Chinese ‌President Xi Jinping's attendance at the World Artificial Intelligence Conference ⁠in Shanghai, where he cast Beijing as the champion of a new global ⁠AI order.

• Elon Musk's SpaceX, following its ​February merger with xAI, is advancing its own space-based computing initiatives, seeking to accelerate AI ‌development.

• Advocates say sending processed results back to Earth rather ‌than large volumes of raw ⁠data can reduce ‌latency and bandwidth ​pressure.

(Reporting by Shanghai Newsroom and Eduardo Baptista; Editing by Kirsten ‌Donovan)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Kimi K3 AI breakthrough: What Wall Street analysts say about China’s OpenAI threat
• SSR Mining sells Hod Maden stake, receives 4% royalty
• Ukrainian drone attacks kill seven warehouse workers in Russia, spark fire at Moscow region oil depot