Oct 20, 2026
ManyPress

Advertisement

Business

Nvidia CEO Jensen Huang and German Chancellor Friedrich Merz announced a strategic AI partnership at the Invest In Germany Summit in Berlin.

ManyPress

ManyPress

ManyPress Editorial

2 min readSource:CNBC Europe, ABC News Business
Nvidia Announces New Investments in German AI Startups

Key facts

  • •Nvidia is investing in four German startups: Agile Robots, Avelios Medical, Mirelo, and Reflex Aerospace.
  • •The investments are part of a nearly $10 billion commitment by Nvidia to support European research and industry.
  • •Chancellor Friedrich Merz and Jensen Huang announced the partnership at the Invest In Germany Summit in Berlin.
  • •The initiative focuses on integrating AI into Germany's manufacturing, automotive, and machinery sectors.
  • •Nvidia is expanding its collaboration with the German federal government and the 'Industry 4.0 Platform'.

Nvidia is expanding its investment in Germany's artificial intelligence sector, backing four local startups as part of a broader $10 billion European commitment. During the Invest In Germany Summit in Berlin on October 19, 2026, Chancellor Friedrich Merz and Nvidia CEO Jensen Huang announced a strategic cooperation between the government, the chipmaker, and German industry. The initiative aims to integrate AI into key sectors, including manufacturing, machinery, and automotive production.

Strategic AI Investments

Nvidia is backing four German startups: Agile Robots, which develops AI-powered robotics; Avelios Medical, a provider of hospital management software; Mirelo, an audio-generation AI firm; and Reflex Aerospace, a satellite manufacturer. While the specific financial terms of these investments were not disclosed, they are part of a nearly $10 billion commitment by Nvidia to support companies and research institutions across Europe.

Integrating AI into Industry

Chancellor Merz and CEO Huang emphasized that AI should be viewed as a tool to augment, rather than replace, Germany's existing industrial expertise. Merz encouraged small- and medium-sized businesses to leverage their existing data to gain a competitive advantage. Huang noted that the next wave of AI is 'physical,' focusing on robotics and heavy industry, and urged German firms to capitalize on their manufacturing data to re-engineer their business models.

Advertisement

This article was independently rewritten by ManyPress editorial AI from reporting originally published by CNBC Europe, ABC News Business.

Business