(Boursier.com) — Kalray climbed by almost 10% this Wednesday to 27.80 euros, while the group announced the availability of Coolidge2, the new version of its DPU processor. Coolidge2 will be delivered to the first customers at the end of the month.
Thanks to Coolidge2, Kalray intends to accelerate its growth, particularly in the area of intensive storage and Edge Computing. Acceleration cards based on Coolidge2 will enable performance gains of 20 to 50% compared to current solutions, significant reductions in energy consumption and support for additional features such as on-the-fly compression to optimize usage. storage.
Intensive storage
Beyond the intensive storage market, with Coolidge2, Kalray aims to take a leading position in the broader Edge Computing market. Coolidge2 aims in particular at two types of solutions. “Smart Vision” solutions, which consist of analyzing streams of images or videos in the most efficient way possible, in particular using new AI-based approaches…
“Compliance with the anticipated schedule before the summer should make it possible to finalize as planned the first stage of the mega-contract announced at the end of 2022, namely the production of a card embedding 4 Coolidge-2 chips in 2023 ($1 million in turnover for ‘R&D’) before pre-series in 2024 (a few ME turnover) and volume production from 2025 (a few dozen ME turnover per year)” comments Portzamparc who recalls that Kalray will publish its H1 results tomorrow. The analyst expects a reduction in losses (REX -4.8 ME vs -7.4 ME n-1, CIR included) thanks to operational leverage. Enough to aim for a price of 38.50 euros while remaining on the purchase list…
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