Dan100 brings us an announcement that Sandia and Oak Ridge National Laboratories are setting their sights on an exaflop supercomputer. Researchers from the two laboratories jointly launched the Institute for Advanced Architectures to facilitate development. One of the problems they hope to solve is how to provide each core of each processor with enough data so that cycles aren't going to waste. "The idea behind the institute — under consideration for a year and a half prior to its opening — is 'to close critical gaps between theoretical peak performance and actual performance on current supercomputers,' says Sandia project lead Sudip Dosanjh. 'We believe this can be done by developing novel and innovative computer architectures.' The institute is funded in FY08 by congressional mandate at $7.4 million."