Germany's Merz touts defence, AI and chip investment drive in pitch to investors
EWG•Chancellor Friedrich Merz said Germany is investing in defence, semiconductors and AI to boost productivity and economic sovereignty. Companies have pledged more than €800 billion by 2028 under the Made for Germany initiative, and Germany aims to quadruple AI computing capacity by 2030.
1. Investment drive
Merz pitched Germany to investors in Berlin, saying the country is investing heavily in defence, semiconductors and AI. He cited stronger growth, rising foreign direct investment and increased startup creation as positive effects of Germany's policies.
2. Pledges and AI plans
Under the Made for Germany initiative, German companies have pledged to invest more than €800 billion by 2028. Germany aims to quadruple its AI computing capacity by 2030, and Merz said he was working at the European level to ensure AI regulation supports development.
3. European framework
Merz said deeper European economic integration would help companies use the EU single market and pledged to introduce EU Inc., a harmonised European corporate framework, as soon as possible.
