Goal is supercomputers with 1 one million trillion (a quintillion) instructions per second [IEEE had an error with a terascale trillion instructions per second]
The Exascale Computing Research Center will integrate multi petaFLOPS systems, develop advanced performance optimization techniques, and collaborate with end users to optimize supercomputer performance in areas such as energy, seismology, computational fluid dynamics and health care.
The lab will employ about a dozen people initially and is expected to eventually grow to about three times that number.
Names of large numbers and unit prefixes of large numbers
trillion 10^12 terascale
quadrillion 10^15 petascale
quintillion 10^18 exascale
sextillion 10^21 zettaascale
septillion 10^24 yottascale
octillion 10^27
A list with a few more number names

Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.