Nvidia CEO warns Germany is falling behind in AI race

Nvidia CEO Jensen Huang warned that Germany is falling behind in the artificial intelligence race, citing excessive hesitation and analysis blocking progress in Europe despite strong talent and potential. Huang called on policymakers to accelerate AI implementation. In response, German Chancellor Friedrich Merz and Huang will unveil a joint AI pact at the Invest in Germany summit in Berlin this week, with the government committing hundreds of millions of Euros to speed up AI integration across German industry. The initiative involves start-up Black Forest Labs and around 10 established companies including Siemens and Audi. Funding will primarily buy computing capacity in Deutsche Telekom's Industrial AI Cloud, equipped with Nvidia's Blackwell hardware, building on the Sovereign Open Source Foundation Models initiative.