Is photon processing possibler

I seem to remember reading somtehing somewhere in my life..somehow that photon processing is being developed 
now if i'm not imaginging this please any info is welcome
 

Le details

From what i can remember from my visual memory :
A grid dipicting photons being projected by a monochromatic single phase source (lazor) (red - remember thinking that was stupid as longer wavelength but anyways,doesn't matter if your processing per photon )

advantages

erm well it's fast :3 (2x current wave speed)

^however this is only relevent if the actual processing is proformed using  optics' everything else could pontentially be a hybrid 

heat effiency - less collisions with photons than with electrons if directed correctly 

one photon collision creates mutliple electrons with graphene -gotta be good right :D (i have some theories but don't want to go into detail)

Now considering this :

 http://www.sciencedaily.com/releases/2012/09/120907125154.htm

IT may be possible to direct photons and accuratly knowing their location - i've always hated the HUP anyways

thats all i think i can include in my weary semi intoxicated state, if i wake up this morning and this all rubbish please shout at me.  

Yes it is,

http://en.wikipedia.org/wiki/Optical_computing

http://www.gizmag.com/terahertz-speed-signal-processor/15760/

It is in its infancy, but optical processing is workable.