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Germany’s AI research budget doubled to €1bn

Ursula O’Sullivan-DaleBy Ursula O’Sullivan-DaleAugust 24, 20232 Mins Read
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Bettina Stark-Watzinger, Germany’s minister of education and research and part of chancellor Olaf Scholz’s cabinet, has announced plans to double public funding for research into artificial intelligence (AI), Reuters has reported.

Under new spending plans, Germany will reportedly commit €1bn (£877.5m) to research into AI.

“We have AI that is explainable, trustworthy and transparent,” Stark-Watzinger said. “That is a competitive advantage.”

This includes the development of 150 new university laboratories dedicated to this field, the expansion of data centres and making more datasets publicly available.

The rapid development of the technology has lead to increased pressure on governments to introduce regulations that limit the use and development of AI.

By comparison, a report from the University of Stanford found that private US companies spent US$47.4bn (£37.3bn) on AI research in 2022, with the federal government investing US$3.3bn (£2.6bn).

In terms of private investment, this far exceeds the second highest spender, China, which committed US$13.4bn (£10.5bn) in the same year.

Stark-Watzinger believes Europe has the potential to compete or even exceed nations like the US and China based on emerging regulatory frameworks across the continent and the possibilities for international collaboration the EU can provide.

The European Parliament recently voted in favour of an act to regulate permissible use cases of AI and mitigate harmful applications.

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Ursula O’Sullivan-Dale

Ursula joined Akabo Media in June 2022. She has worked in written communications since graduating in English Literature from Trinity College Dublin in 2021, before transitioning into digital publishing. She is currently Editor of Robotics & Automation Magazine and Assistant Editor of City Transport & Traffic Innovation. She is responsible for keeping both sites updated with the latest news in the robotics and sustainable transport sectors, producing in-depth insight into essential industry topics through long-form features and supporting the production of both titles’ print issues.

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