Nvidia CEO warns Germany lags in AI race as Berlin unveils pact

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 potential and talent. He called on policymakers to implement AI more quickly. In response to technological competitiveness concerns, German Chancellor Friedrich Merz and Huang will unveil a joint AI pact at the Invest in Germany summit in Berlin this week. The initiative aims to accelerate AI integration across German industry, with the government committing hundreds of millions of euros. Around 10 established German companies, including Siemens and Audi, plus startup Black Forest Labs, are expected to participate. Funding will primarily purchase computing capacity in Deutsche Telekom's Industrial AI Cloud, equipped with Nvidia's Blackwell hardware, building on the Sovereign Open Source Foundation Models initiative.