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HP will bet the company on a combination of memristors and silicon photonics

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Hewlett-Packard has kicked off an ambitious project that aims at nothing less than reinventing the basic architecture of computers. It looks like servers are its initial target, but HP is also working on an Android version that it says could lead to smartphones with 100TB of storage.

HP said Wednesday it was working on a new computer architecture, dubbed The Machine, based on memristors and silicon photonics.

Bloomberg Businessweek reports up to 75% of HP’s once fairly illustrious R&D division — HP Labs – are working on The Machine.

In the words of HP Labs, The Machine will be a complete replacement for current computer system architectures. There will be a new operating system, a new type of memory (memristors), and super-fast buses/peripheral interconnects (photonics). Speaking to Bloomberg, HP says it will commercialize The Machine within a few years, “or fall on its face trying.”

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