Nvidia CEO Jensen Huang said Germany is lagging in AI development and will present a joint pact with Merz
Jensen Huang believes AI development in Europe is held back by hesitation and endless analysis, and urged a faster move to practice. At the Invest in Germany summit in Berlin, he and Chancellor Friedrich Merz intend to present a joint AI pact. The government is preparing several hundred million euros, with about a dozen companies joining the project, including Siemens and Audi, as well as the startup Black Forest Labs. The funds will go mainly to computing capacity of Deutsche Telekom's Industrial AI Cloud with the chip
Otabek Yusupov