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Technology: Germany and the Netherlands promote the development of AI chips

The development of AI processors is to advance more quickly in Europe. Germany and the Netherlands are now cooperating to achieve this. There is particular potential in one area.

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Technology: Germany and the Netherlands promote the development of AI chips

Amsterdam and Berlin - Germany and the Netherlands are teaming up to boost the development of European AI processors through a joint funding program, according to Jano Costard, head of innovation competitions at the German "Sprind" agency. Costard emphasized during a Reuters interview on Wednesday that the goal is not merely incremental improvements to existing technologies, but rather to secure a strategic advantage over other global competitors.

The Sprind agency, in collaboration with its newly established Dutch counterpart, the National Agency for Disruptive Innovation (Nadi), has allocated 40 million euros for this program. The primary objective is to significantly reduce the development time for new processors. Initially, several research teams will be supported to identify the most promising technological approaches, explained Costard.

The cooperation between the two agencies was natural, as noted by Nadi co-founder and CEO Jelle Prins. The Netherlands, with its leading chip manufacturing equipment provider ASML, has a strong focus on industrial development, while Germany excels in research and boasts a broad industrial base.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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