DJ 2CRSi SA: 2CRSi receives a grant of 1 million euros as part of the 'France 2030' plan.
2CRSi SA
2CRSi SA: 2CRSi receives a grant of 1 million euros as part of the 'France 2030' plan.
20-Jul-2023 / 18:45 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Press release
2CRSi receives a grant of 1 million euros as part of the 'France 2030' plan.
A recognition of 2CRSi's expertise at the service of future embedded AI applications.
Strasbourg (France), July 20, 2023 - 2CRSi, a designer and manufacturer of high-performance energy-efficient IT
servers, today announced the receipt of a EUR1 million grant from BPI (French Public Investment Bank) as part of the call
for projects "Technological Maturation and Demonstration of Embedded Artificial Intelligence Solutions" under France
2030 initiative.
This support materializes the French government's intention to back cutting-edge technology players with the objectives
of mastering sovereign and secure digital technologies and promoting the national strategy in the field of artificial
intelligence.
This EUR2.6 million grant is part of a collaborative project in which 2CRSi aims to develop a modular "embedded" system
designed to deploy critical applications using artificial intelligence in "Edge Computing."
"This project opens unprecedented perspectives by placing proximity at the heart of computer networks through real-time
AI applications on embedded systems," comments Alain WILMOUTH, co-founder of 2CRSi. Indeed, while generative AIs (such
as the American player Open AI with ChatGPT or the French player IMKI) can operate remotely without response time
constraints, embedded applications require fast and efficient responses, adding an additional level of complexity.
The development of this modular system is the result of a close collaboration between French industries of all sizes,
highlighting the importance of cooperation and innovation within the French technology sector. The financial support
from the French government also demonstrates a commitment to technological sovereignty and a desire to spur the "France
of Artificial Intelligence".
"This is a significant recognition of 2CRSi's potential, as well as the strategic value of this project for France. Not
only is this project promising for the future of AI in France, but it will also create sustainable, high-added value
employments, contributing to the dynamism of the economy and the evolution of the country's technology sector,"
concludes Alain WILMOUTH.
About 2CRSi
Founded in Strasbourg in 2005, the 2CRSi group designs, produces and markets bespoke, eco-responsible high-performance
IT servers. 2CRSi has been listed since June 2018 on the Euronext regulated market in Paris (ISIN code: FR0013341781)
and its shares were transferred to the Euronext Growth regulated market on 25 November 2022.
For further information: www.2crsi.com
Contacts 2CRSi
2CRSi Actifin
Actifin
Jean-Philippe LLOBERA Michael Scholze
Lucie Morlot Communication lucie.morlot@actifin.fr
Communication Manager investors@2crsi.com Financial Press Relations
+33 (0)1 80 18 26 33 michael.scholze@actifin.fr
03 68 41 10 70
+33 (0)1 56 88 11 14
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Regulatory filing PDF file File: 2CRSi receives a grant of 1 million euros as part of the 'France 2030' plan.
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Language: English
Company: 2CRSi SA
32, rue Jacobi-Netter
67200 Strasbourg
France
Phone: +33 3 68 41 10 70
E-mail: investors@2crsi.com
Internet: www.2crsi.com
ISIN: FR0013341781
Euronext Ticker: AL2SI
AMF Category: Inside information / Other releases
EQS News ID: 1685035
End of Announcement EQS News Service
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1685035 20-Jul-2023 CET/CEST
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July 20, 2023 12:45 ET (16:45 GMT)
