Nvidia is increasing its investments in Europe’s artificial intelligence sector, revealing plans to back four German startups as the country pushes to strengthen its position in industrial AI. The investments are part of the US chipmaker’s nearly $10 billion commitment to invest in companies, universities and research institutions across Europe, as announced at the Invest in Germany Summit in Berlin on Monday. The four new companies are Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace. However, Nvidia did not reveal the size of the planned investments. Agile Robots develops AI-powered robots for manufacturing, logistics and healthcare, while Avelios Medical builds AI-powered hospital management software. Mirelo develops AI models that generate audio for videos, while Reflex Aerospace designs and builds satellites. The announcement comes as Germany seeks to accelerate the adoption of AI across its industrial sector, with Chancellor Friedrich Merz saying the country aims to become a leader in integrating AI into key sectors. Merz, who described the technology as a great opportunity for the country’s economy, named the manufacturing, machinery and automotive industries to integrate AI. He also urged German small and medium-sized businesses to capitalize on the data they already have. “Please open your doors for AI to use your data,” Merz said. “It is a real secret and a real advantage for Germany to be able to use all the data that is already available in our companies.” Nvidia CEO Jensen Huang echoed Merz’s remarks and highlighted Germany’s expertise in manufacturing, mathematics and science, saying AI would strengthen, rather than replace, the country’s industrial capabilities. “AI can only augment your capability, it will not replace your capability,” Huang said, describing the technology as a new instrument for businesses. Nvidia is also expanding its collaboration with the German federal government and its “Industry 4.0 Platform,” which brings together representatives from government, industry, research and trade associations, to accelerate the adoption of industrial AI. On Monday, the government signed a joint statement of intent with Nvidia to advance AI models for industrial applications. That same day, Siemens had also announced new AI solutions developed with Nvidia at its factory in Erlangen, Germany. Siemens said the technologies could reduce engineering work involved in production preparation by up to 85%, while AI-based production planning could reduce costs by up to 20%. Huang also visited France last week, where he announced investments in four French startups and met with French President Emmanuel Macron to discuss AI development. The Nvidia boss is scheduled to give a keynote speech in Berlin on Wednesday.
