From UCSB
Let's see: the time span involved is in the area of a billionth of a second. The affected stuff? Electrons trapped on individual defects in diamond crystals. And just what's going on? Well, researchers say they can electrically manipulate the quantum states of the subatomic particles. It's a key move forward in a rapidly developing but still far off hope for quantum computers, which would take advantage of the spin of electrons for computational and operational activities of the machines rather than relying on transistors or semiconductors. The new such computers, if the research under way now comes to fruition, would be capable of unprecedented speed and greater storage capacity than current models. And if the theory, much less the practice,seems fuzzy, here's a top scientist in the area with a crisp explanation for physicsworld.com of what's up in Santa Barbara.
Electrical manipulation of electrons' quantum state demonstrated to be feasible at blink speeds

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