A coalition of 28 American universities is throwing its weight behind a plan to build ultra-high-speed computer networks–with internet service several hundred times faster than what is now commercially available–in the communities surrounding the participating colleges, the New York Times reports. The project, which is named GigU and will be announced on Wednesday, is meant to draw high-tech startups in fields like health care, energy and telecommunications to the areas near the universities, many of which are in the Midwest or outside of major cities…

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