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%.