The European Commission has approved financial support of 1.2 billion euros for the Joint European Strategic Interest Project (IPCEI). Its aim is to finance research on the development of advanced cloud processing technologies and their implementation in the industrial sector.
Free access to this article is provided to you by MU Group.
Seven European Union countries, including France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain, have approved the IPCEI Next Generation Cloud Infrastructure and Services (IPCEI CIS) project. The project envisages public funding of up to 1.2 billion euros and opens the door for an additional 1.4 billion euros from the private sector. As part of the initiative, 19 companies have committed to collaborating on nineteen innovative cloud computing solutions.
Three Polish companies - Octawave, Atente Industries and CloudFerro are also participating in the project. The latter will implement the "Gateway" project. It focuses on advanced technological research and aims to develop and implement next-generation cloud services. The company Oktawave will be involved in a cryptographic project, focusing on the security of data and applications stored in the clouds. Meanwhile, Atende Industries will work on the "TStorage" project, which is a NoSQL database and allows for efficient collection and processing of time series data, e.g. related to electricity consumption.
As part of the IPCEI project in the field of cloud technology, 19 companies are participating, including the French Atos and Orange and the German Deutsche Telekom, SAP, Telecom Italia and Telefonica Espana. In the field of cloud computing, the three largest companies are Amazon, Microsoft and Google.
As Reuters reports, EU IPCEI projects are a key element of the European Union's digital and industrial policy. They aim to integrate research, finance, and business to stimulate economic growth, increase competitiveness, and support the process of ecological and digital transformation.
– This project initially envisages the creation of about a thousand jobs, both direct and indirect, for professionals dealing with data analysis and artificial intelligence. In the longer term, this number is expected to increase to 5,000 jobs – emphasized in an interview with Reuters Didier Reynders, EU Commissioner for Competition.
Reynders added that the conducted assessment showed the innovative nature of the projects, which guarantees the effective use of public funds for the development of an innovative and efficient economy.
The implementation of the IPCEI CIS project is planned for the years 2023–2031, and the work schedule will depend on specific projects and companies involved. The first results, in the form of open source reference infrastructure, can be expected by the end of 2027.
Elon Musk in a lawsuit against OpenAI and Sam Altman argues that the merger with Microsoft was a betrayal of the company's mission in pursuit of profit.
According to the latest forecasts from ABI Research, the augmented and virtual reality (AR/VR) technology sector is on the verge of a revolution - by 2028, the number of AR/VR sets delivered is expected to increase more than fivefold, reaching 69 million units.
The year 2023 passed under the sign of AI and everything indicates that nothing will change in this respect in the next one. But what exactly can we expect? And what other trends will take over the world in 2024? Let's look into the future, based on data and official announcements.
As the only company in the world, it is able to produce processors in the most advanced 3 nm technology. In addition, it owns the most expensive factory ever built, and its clients are Apple, NVIDIA and Intel. How did it happen that Taiwanese TSMC became one of the most important companies in the world?
English