NVIDIA Announces Nearly $10 Billion Investment Plan in Europe, Plans to Take Stakes in Four German AI Startups

According to Odaily, NVIDIA plans to invest in four German startups: robotics company Agile Robots, medical software company Avelios Medical, AI audio-video generation company Mirelo, and satellite manufacturer Reflex Aerospace. This investment plan is part of NVIDIA's commitment to invest nearly $10 billion in Europe, aimed at advancing the development of Europe's AI industry.

German Chancellor Merz, along with Germany's Federal Ministry for Economic Affairs and Energy, the Federal Ministry of Research, Technology and Space, and NVIDIA, signed a declaration of intent on the same day, planning to cooperate around physical AI models and promote the application of AI in robotics, industrial equipment, and manufacturing. Merz also called on German small and medium-sized enterprises to fully leverage existing industrial data and accelerate the implementation of AI technologies. (TFN)