Mycroft Mind Succeeds in European Competition

The European Commission has approved an investment in the amount of 8.1 billion euros (192 billion crowns) for projects related to the development and the use of chips and semiconductors. These projects in the field of microelectronics and communication technologies continue to be of significant common interest throughout Europe. The European Commission aims to continue supporting the development of key industries for the future through these and other similar endeavours.

65 projects were selected from a total of 141 entries submitted by 56 organisations located throughout 14 EU countries. Mycroft Mind from the TTC Group was one of the two direct representatives from the Czech Republic who participated in the competition. Within the framework of the project, Mycroft Mind will develop specialised AI modules for such devices as smart meters, electric car chargers and home energy management systems, which are used in the area of new energy.