AGP Executive Report
Last update: 3 hours agoIndustrial AI: Germany has partnered with Nvidia to develop AI models for factories using German industrial data and expertise. The government is expected to invest hundreds of millions of euros, with computing power hosted on Deutsche Telekom’s Industrial AI Cloud. Quantum Computing: Researchers at Forschungszentrum Jülich and Nvidia have simulated a 50-qubit quantum computer using classical hardware, a step toward testing quantum systems. Fusion Energy: Germany’s €500 million fusion programme will need plans for tritium supplies and the wider supply chain as it backs new projects. Cleaner Shipping: A national climate plan sets out 47 measures for maritime and inland shipping, backed by €400 million for cleaner fuels, propulsion and fleet upgrades. Biotech: Merck KGaA has agreed to buy Silence Therapeutics for about $1.1 billion, adding an RNA-based treatment for a rare blood cancer to its pipeline. Bio-based Industry: UPM has opened a large wood-based biorefinery in Germany to produce chemicals from renewable feedstocks.
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