Friedrich Merz Urges AI Investment; Nvidia Plans Major Investments in Europe
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German Chancellor Friedrich Merz has called for increased investment in artificial intelligence (AI) and has secured a commitment from Nvidia, the world's leading AI chipmaker, to invest nearly $10 billion in Europe. During a meeting at the 'Invest in Germany' summit in Berlin, Merz and Nvidia CEO Jensen Huang agreed to collaborate on AI development. Nvidia also announced plans to invest in four German startups and urged European companies to embrace AI. Meanwhile, Huang dismissed doomsday warnings about AI, advocating for responsible optimism and urging Europe to move faster on AI innovation.
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