‘Open your doors for AI’: German chancellor urges businesses to embrace AI as Nvidia announces new investments
Nvidia announced planned investments in four German startups as Chancellor Friedrich Merz urged businesses to embrace AI at an industry summit in Berlin.
The German government has announced a partnership with Nvidia to accelerate the development of artificial intelligence for industrial applications. Signed during the Invest in Germany Summit in Berlin, the deal aims to create cutting-edge industrial AI models using German data and expertise. The objective is to embed industrial AI into large-scale applications and establish a top-tier industrial AI ecosystem in Europe through a network of researchers, policymakers, and industry leaders.
Chancellor Friedrich Merz, who urged businesses to embrace AI during the summit, spoke publicly with Nvidia CEO Jensen Huang at the event. While the government did not disclose the value of the partnership, Handelsblatt reports the investment could amount to several hundred million dollars. Additionally, Nvidia announced planned investments in four German startups.
Brief written by urgent.news from CNBC Technology, Free Malaysia Today — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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