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German partnership with NVIDIA advances AI in industry
Nvidia, the American company, announced an investment of nearly $10 billion to support the artificial intelligence ecosystem in Europe by funding four German startups working in the fields of smart robotics, digital healthcare, audio processing, and satellite development. The company, in collaboration with the German government, emphasized that artificial intelligence enhances the competitiveness of the German industry. They also signed agreements to develop AI models tailored for industrial use and to expand the partnership with Siemens to operate autonomous factories, which have managed to reduce engineering efforts by up to 85% and cut costs by 20%.
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