Nvidia invests in four German startups as part of $10BN European investment pledge
Nvidia is investing in four German startups, it said yesterday, as part of a multi-billion-dollar investment across Europe, as the chip maker’s charm offensive across the continent continues.The US ch...
Nvidia has announced investments in four German startups as part of a $10 billion European investment pledge, reinforcing its commitment to the AI revolution across the continent. The U.S. chip giant is backing Agile Robots, an AI robotics startup; Avelios Medical, an AI healthtech firm; Mirelo, an AI audio startup; and Reflex Aerospace, a space technology innovator. This round of investments follows Nvidia's recent funding rounds in French and UK startups, as CEO Jensen Huang continues his European tour.
The new investments, of undisclosed size, come amid Nvidia's broader $10 billion commitment to European tech, including startups, universities, and research institutions. The company aims to sustain its momentum in AI by supporting the entire ecosystem.
Huang's visit to Germany included discussions with German Chancellor Friedrich Merz about Germany's AI strategy and the practical applications of AI in industry. The focus was on leveraging Germany's strengths in manufacturing and automotive to maximize the benefits of the AI revolution. Nvidia and German partners, including Siemens and Mercedes-Benz, also announced joint ventures aimed at advancing cutting-edge AI models for physical AI applications.
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