Nvidia CEO Jensen Huang warns Germany is falling behind in AI race
AI Image

Nvidia CEO Jensen Huang warns Germany is falling behind in AI race

Euronews.com • • business

Key Points:

  • Nvidia CEO Jensen Huang warned that Germany is falling behind in the AI race due to excessive hesitation and analysis, urging faster implementation of AI technologies.
  • The German government is planning closer cooperation with Nvidia, with Chancellor Friedrich Merz and Huang set to unveil a joint AI pact at the Invest in Germany summit in Berlin.
  • The initiative will involve hundreds of millions of Euros in funding, participation from companies like Siemens, Audi, and Black Forest Labs, and aims to accelerate AI integration across German industry.
  • Funding will primarily be used to purchase computing capacity in Deutsche Telekom's Industrial AI Cloud, powered by Nvidia's latest Blackwell hardware.
  • The partnership builds on the Sovereign Open Source Foundation Models initiative and seeks to boost Germany's attractiveness for innovation and technological development.

Trending Business

Trending Technology

Trending Health