Nvidia Plans Investments in 4 German Startups Under Nearly $10B Europe AI Push

Nvidia $NVDA unveiled plans to invest in four German startups as part of a nearly $10B commitment toward companies, universities, and research institutions across Europe, announced at the Invest in Germany Summit in Berlin on Monday. The chipmaker named Agile Robots, Avelios Medical, Mirelo, and Reflex Aerospace as its planned investment targets, though it did not disclose the specific financial size of those individual stakes. The German federal government also signed a joint declaration of intent with Nvidia to advance industrial AI models and expand collaboration through Germany's Industry 4.0 Platform, as Chancellor Friedrich Merz urged small- and medium-sized businesses to open their operational data to AI systems. Separately on Monday, Siemens announced new AI solutions developed with Nvidia at its Erlangen factory, stating the technology could cut production preparation engineering work by up to 85% and reduce production planning costs by up to 20%. "Please open your doors for AI to make use of your data. This is a real secret and a real advantage for Germany to make use of all the data which is already available in our companies." — Friedrich Merz, German Chancellor