As the global AI race intensifies, Germany is determined to close the gap with leaders like the U.S. and China. Chancellor Olaf Scholz and his government unveiled a strategy focused on trustworthy technology, industrial data, and European cooperation at the Digital Summit in Frankfurt. Despite Germany’s strong research background, it has struggled to turn AI breakthroughs into market-leading applications.
The challenge? A lack of venture capital and reliance on U.S. tech giants like Microsoft and Google for AI solutions. Economy Minister Robert Habeck highlighted the need for “technological sovereignty” and leveraging Germany’s vast industrial data to drive future AI advancements.
The EU’s AI Act, the most comprehensive AI regulation globally, aims to make European AI trustworthy and competitive. But with the U.S. and China far ahead, will Germany’s strategy be enough to bridge the gap?