Germany plans to double AI funding in race with China, US

Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap with sector leaders China and the United States.

The target, announced by research minister Bettina Stark-Watzinger on Wednesday, is modest compared with the $3.3 billion that the US government spent on AI research in 2022 according to a Stanford University report.