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Volkswagen to invest up to a billion euros in AI by end of decade

Summary by WTVB
MUNICH (Reuters) -Volkswagen will invest up to a billion euros ($1.2 billion) in artificial intelligence by 2030, feeding the technology into every area of its business in a bid to unlock billions in savings, the German carmaker said on Tuesday. The announcement was made on the first day of the IAA car show in Munich, Europe’s biggest, where European carmakers have gone on the offensive with electric model launches and technology revamps to comb…
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Volkswagen relies on artificial intelligence and invests a billion euros by 2030. The goal is to accelerate vehicle development and make production more efficient.

·Germany
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The Volkswagen Group plans to invest up to one billion euros in the expansion of artificial intelligence (AI) by 2030 as part of its existing investment plan. The world's second-largest automaker after Toyota announced this at the IAA Mobility trade fair. According to the accompanying press release, the focus will be on AI-supported vehicle development, industrial applications, and the expansion of high-performance IT infrastructures. The goal i…

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hnonline.sk broke the news in Bratislava Region, Slovakia on Tuesday, September 9, 2025.
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