Technology & AI

Nvidia's Huang urges German firms to embrace AI

At a Berlin investment summit, Jensen Huang, chief executive of the chipmaker Nvidia, urged German manufacturers to pair their machine-building skills with AI. Nvidia also announced plans to invest in four German startups.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

What happened

At the Invest in Germany Summit in Berlin, Nvidia CEO Jensen Huang urged German manufacturers to combine their expertise in physical machines with artificial intelligence. German Chancellor Friedrich Merz urged businesses to embrace AI as Nvidia announced planned investments in four German startups. Huang had spent the previous week touring Europe, telling its leaders to be less cautious about AI innovation.

Why it matters

Huang warned that Europe must move faster on AI or risk falling behind. He said AI regulation can wait while Nvidia invests $8 billion in the region.

Timeline

  1. Oct 19, 10:16 PM ET: Nvidia announced planned investments in four German startups as Merz urged businesses to embrace AI.
  2. Oct 20, 10:42 AM ET: Huang, who had spent the past week touring Europe, told its leaders to be less cautious in their approach to AI.
  3. Oct 20, 12:10 PM ET: Huang said AI regulation can wait, as Nvidia pours $8 billion into the region and signs a sovereign AI deal with Merz's government.

Coverage

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