As the global race for artificial intelligence (AI) innovation intensifies, Germany is making strategic moves to stay competitive. To put things in perspective, the U.S. poured $3.3 billion into AI research in 2022 alone, according to a Stanford University report. Furthermore, U.S. private AI investments in the same year soared to $47.4 billion, overshadowing Europe's combined expenditure and significantly outpacing China's investments of $13.4 billion. Key highlights included bolstering AI research, leveraging competitions to spur innovation, and motivating businesses of all scales to embrace AI. When Decrypt reached out for comment, the office of Germany’s research minister did not respond immediately.

Source: The Nation August 24, 2023 10:01 UTC