The US Department of Energy (DOE) said it is investing $425 million (£271.3m) for research into computing technologies and developing “supercomputers”.
Around $325 million (£207.5m) has been awarded to build computers that will be five to seven times more powerful compared to today’s fastest systems in the US.
The remaining $100 million (£63.8m) will be used for “extreme-scale” supercomputing technologies as part of a research and development programme called ‘FastForward 2’.
DOE supercomputers run the most complex energy, science and security mission applications and the investments are expected to deliver “much greater capabilities and energy efficiency”.
Energy Secretary Ernest Moniz said: “We expect that critical supercomputing investments like CORAL and FastForward 2 will again lead to transformational advancements in basic science, national defense, environmental and energy research that rely on simulations of complex physical systems and analysis of massive amounts of data.”