Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Europe needs private A.I. champion, German minister tells paper

Published 03/22/2019, 09:31 AM
Updated 03/22/2019, 09:35 AM
© Reuters. German Economy Minister Peter Altmaier addresses a news conference to present the national industry strategy for 2030 in Berlin

BERLIN (Reuters) - Europe needs to think about creating an artificial intelligence company that is able to keep up with global rivals, German Economy Minister Peter Altmaier told Tagesspiegel newspaper.

The paper on Friday quoted Altmaier as saying that technologies like autonomous driving were possible areas for such a company, adding that although Germany's carmakers have begun teaming up "this in my opinion is not enough".

An "own industrial player" might be needed, Altmaier said. "We are currently looking into this."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.