Germany's Merz urges AI investment ahead of Nvidia deal
NVDA•Chancellor Friedrich Merz urged German businesses to adopt AI as Germany and Nvidia prepared to announce an industrial partnership. A private-sector group said members plan to invest more than €850 billion through 2028, while a separate report cited potential investment of up to €4.1 trillion by 2035.
1. Merz calls for AI adoption
At an industry summit in Berlin, Chancellor Friedrich Merz urged businesses to make their data available for AI and said cooperation with Nvidia was key to Germany’s future success. Nvidia CEO Jensen Huang pointed to the company’s existing work with German carmakers, including Mercedes-Benz.
2. Partnership and investment plans
Germany and Nvidia are expected to announce a partnership to promote AI in German industry. The economy ministry has signed a memorandum of understanding with Nvidia, the government said, without providing further details. Made for Germany, a private-sector business group, said its members plan to invest more than €850 billion through 2028, after investing more than €200 billion in 2025. A group including Siemens and Deutsche Bank cited potential investment of up to €4.1 trillion in Germany by 2035 across AI, energy and defence.
