By Ana-Maria Stanciuc
Publication Date: 2026-10-20 07:12:00
At the Invest in Germany Summit in Berlin, the German government entered into an agreement with Nvidia on Monday, when Chancellor Friedrich Merz opened the two-day event by addressing Jensen Huang, Nvidia’s CEO.
The economy ministry has entered into a memorandum of understanding with the chipmaker but has provided no further details; the agreement comes after reports last week that Germany would announce a partnership with Nvidia at the summit.
Nvidia provided further details in a blog post from the company, stating that Merz and two ministries have entered into a joint plan with it. The objective is to develop AI that can operate robots, machines, and cars; this is referred to as physical AI.
Nvidia has also identified four German startups that it intends to invest in, as part of its nearly $10bn commitment in Europe. These companies are Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace. Moreover, Siemens and Nvidia have agreed to collaborate on AI-operated factories.
“We are fully committed to be one of the most advanced places in the world, not just in the European Union, but in the world to work with AI, to integrate AI into our industry,” Merz said.
He also stated that artificial intelligence was driving major changes in Germany’s economy and that cooperation with Nvidia was important to its future. Merz is under pressure to boost growth as German car manufacturers, chemical companies and engineers face strong overseas…
