Wi-Fi speeds are about to triple - Apr. 4, 2014 Qualcomm (QCOM, Fortune 500) announced plans this week for new technology that it says could triple Wi-Fi speeds in homes, offices and on public networks. At the moment, Wi-Fi networks can only serve one device at a time, cycling quickly among different users. That creates slower speeds for everyone when more devices connect to the network. The company's new approach, which follows seven years of research, allows networks to transmit data to multiple groups of users simultaneously using algorithms that adapt on the fly to changes in usage. The technology is known as "MU-MIMO," which stands for "multi-user, multiple input, multiple output.