The EU Commission has handed out a 2.8 million Euro grant to four technology companies and two universities to develop the next generation of console hardware. Companies receiving a portion of the grant money include Edinburgh-based Codeplay, Cambridge-based Geomerics, AI company AiGameDev.com, and Greece-based Think Silicon. Germany's TU-Berlin and Sweden's Uppsala University, round out the group.
The joint research and development project will run over the next three years. The goal is to conduct research that will lead to the next generation of mobile and console graphics hardware including more efficient GPUs, and parallel processors.
"We are delighted the EU has recognised the need to invest in the future of consumer technology," Andrew Richards, CEO at Codeplay said. "This project will have real tangible, practical benefits and our ambition is that it will allow Europe to take the lead in the development of the next generation of low power high performance mobile and videogame graphics technology."