Nvidia backs four German AI startups as part of nearly $10B Europe push

Nvidia named Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace as investment targets under its nearly $10 billion commitment to Europe's AI ecosystem. Chancellor Friedrich Merz urged German businesses to "open your doors for AI," while Siemens expanded its partnership with Nvidia on AI-driven autonomous factories.

• Nvidia did not disclose the size of individual investments in the four startups
• Agile Robots builds industrial robots, Avelios hospital software, Mirelo video audio models, Reflex satellites
• Siemens says AI production planning can cut costs by up to 20%
• Merz urged SMEs to use the data they already hold