‘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 an investment summit in Berlin, the partnership aims to create a network of researchers, industry leaders, policymakers, and trade associations to establish a leading industrial AI ecosystem in Europe. The initiative seeks to develop cutting-edge industrial AI models utilizing German data and industrial expertise.
Nvidia has announced planned investments in four German startups. While the specific value of the partnership was not disclosed, Handelsblatt reports the investment could amount to several hundred million dollars. During the event, Chancellor Friedrich Merz urged businesses to embrace AI, noting that Germany aims to capitalize on its traditional strengths.
Brief written by urgent.news from CNBC, CNBC World, CNBC Technology, Free Malaysia Today — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
