World's Fastest Supercomputer Belongs to...China

$88 Million.  That's the cost of the world's fastest supercomputer.  It is named Tainhe-1a and will be used for large scale scientific calculations.

Previously at #1 was the Cray XT5 Jaguar at the U.S. National Center for Computational Sciences at Oak Ridge National Labs.


Sources:
"The World's Fastest Supercomputer Now Belongs to China", Stan Schroeder, Mashable, 10/29/2010.