The key facts

  • Jensen Huang: Germany is lagging in the AI race; Europe is held back by hesitation and analysis
  • Merz and Huang will present a joint AI pact at the Invest in Germany summit in Berlin
  • The government will allocate several hundred million euros; Siemens, Audi, and Black Forest Labs are participating

Huang: Germany is lagging in AI

Nvidia CEO Jensen Huang said that Germany is lagging in the development of artificial intelligence. According to him, despite great potential and an abundance of talent, progress in Europe is held back by prolonged hesitation and endless analysis. He urged those responsible to move faster to the practical implementation of projects. The statement was made during a conversation with journalists in London last week.

Joint AI pact

In response to concerns about the country's technological competitiveness, the German government plans closer cooperation with the American company. At the Invest in Germany investment summit in Berlin this week, Chancellor Friedrich Merz and Huang intend to present a joint AI pact that is supposed to accelerate the adoption of AI products in German industry.

Funding and participants

The government is preparing to allocate several hundred million euros for the initiative. In addition to the startup Black Forest Labs, about ten large German companies are expected to join the project, including Siemens and Audi. The partnership builds on the Sovereign Open Source Foundation Models initiative — an alliance for creating powerful open AI models.

Allocation of funds and the summit

According to Euronews, the funds will be directed primarily toward purchasing computing capacity in Deutsche Telekom's Industrial AI Cloud, equipped with the latest Nvidia Blackwell hardware. The government expects the investments to make Germany a more attractive place for innovation and technological development. On Tuesday at the summit, international top managers, investors, and government representatives will discuss new investments in Germany, focusing on AI, energy, infrastructure, and the competitiveness of the German economy.