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‘Open your doors for AI’: German chancellor urges businesses to embrace AI as Nvidia announces new investments

  • Nvidia is increasing its investments in Europe's artificial intelligence sector and plans to back four German startups: Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace.
  • Chancellor Friedrich Merz said Germany aims to become a leader in integrating AI into key sectors and urged small- and medium-sized businesses to use the data they already hold.
  • Siemens announced new AI solutions developed with Nvidia at its factory in Erlangen, Germany, saying the technologies could reduce engineering work by up to 85% and cut costs by as much as 20%.
Source: CNBC