White House aims to make internet '90 percent cheaper' to build, teams up with Mozilla for $500k competition

The government's US Ignite partnership aims to push the growth of next-generation broadband networks, teaming up with over 100 start-ups, universities and existing tech companies like HP, Comcast and Verizon for the project. The President is set to sign an executive order today that aims to cut the cost of broadband construction across federal roadways and properties by up to 90 percent. The White House is also is looking to improve "next-generation applications and (the) digital experience," running on networks that are a heady 100 times faster than what's in use today. The National Science Foundation has thrown in $250 million to assist the partnership's creation of a national 1-gigabit network that would connect together academic and developer hubs. Mozilla has decided to team up with the foundation to offer up a $500,000 prize pot for developers looking to help create the "internet of the future". The challenge aims on education, healthcare, public safety and other (admittedly broad) topics, with the top ideas capable of grabbing $15,000 from the prize fund. And if Google reckons gigabit networks are the way to go, who's the White House to argue?