Nvidia CEO Hwang In-hoon said that the company plans to announce an investment of 2 billion US dollars in European AI next week, and had invested 8 billion US dollars the previous year. Nvidia also announced new funding for four French AI startups, namely healthcare technology company Doctolib, robotics company Genesis AI, commercial software company Pigment, and chemical and materials research company Entalpic. Hwang In-hoon urged Europe to accelerate AI development, emphasizing open source models, technological sovereignty, and robotics. “Europe needs to join this race,” he said.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.