Japanese supercomputer Fugaku has lost its position as the world’s fastest in terms of computing speed, ranking second after topping the list in a twice-yearly ranking the last four times in a row, its developer Riken research institute said Monday. Named after an alternative word for Mt. Fuji, Fugaku lost the top spot to the Frontier supercomputer of the U.S.-based Oak Ridge National Laboratory, out of a ranking of 500 supercomputers. But Fugaku maintained its first place in a separate ranking focusing on industrial use. “This shows that Fugaku continues to be one of the world’s leading super…