Billion-euro brain simulation and graphene projects win European funds

ananyo writes: "The European Commission has selected the two research proposals it will fund to the tune of half-a-billion euros each after a two-year, high-profile contest.
The Human Brain Project, led by neuroscientist Henry Markram at the Swiss Federal Institute of Technology (EPFL) in Lausanne, plans to simulate everything known about the human brain in a supercomputer — a breathtaking ambition that has been met with some skepticism.
The other project, called Graphene, is led by theoretical physicist Jari Kinaret at Chalmers University of Technology in Gothenburg, Sweden. It will develop the potential of graphene — an ultrathin, flexible and conducting form of carbon — along with related materials for applications in computing, batteries and sensors.
The projects expect to receive €1 billion over ten years, half to be provided by the European Commission and half by participants. The commission will make its formal announcement on 28 January."