Browsing: German

Nvidia is putting money into German industry. Chief executive Jensen Huang has announced plans to invest in four German startups: Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace. They are part of a near-$10bn European commitment to companies, universities and research institutions. Nvidia has not disclosed how much it will invest in each.

Nvidia is placing new bets on Germany’s AI ecosystem, announcing planned investments in four German startups as Chancellor Friedrich Merz delivered a pointed message to the country’s business community: embrace artificial intelligence or risk falling behind. The dual announcement at an industry summit in Berlin signals a deepening partnership between Silicon Valley’s AI infrastructure leader…

Two startup electricity retailers in Germany have announced they will stop operating as sharply higher wholesale prices tied to the gas price surge pressure the sector once more, with the strain this time compounded by planned changes to renewable energy policy, according to Oilprice.com. Gruuun, a renewable electricity provider within Munch Energie Group, said earlier…