Germany Plans Hundreds of Millions for Nvidia AI Project
Der Spiegel reports that Germany plans a major investment in an Nvidia partnership involving about a dozen companies.
Key takeaways
- Germany reportedly plans an investment in the hundreds of millions for an AI project with Nvidia.
- About a dozen German companies are expected to take part, including Siemens and Audi.
Germany plans to invest a sum in the hundreds of millions in an artificial intelligence project with Nvidia, Der Spiegel reported. Nvidia is expected to assign engineers to the cooperation.
About a dozen German companies are expected to participate, including Siemens, Audi and AI firm Black Forest Lab. The project aims to develop technology for training robots and autonomous vehicles, as well as industrial AI models, according to the report.
Nvidia chief executive Jensen Huang said at an event in Paris that the company was making nearly $10 billion available for Europe’s technology sector. The scope of that figure was not immediately clear.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
