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✦Reported by Reuters

Europe can compete in robotics and physical AI, top chipmaker CEOs say

Europe can compete in robotics and physical AI, top chipmaker CEOs say
Source: Reuters

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Top chipmaker CEOs said Europe can compete in robotics and physical AI at a Munich gathering.
  • ✓Infineon CEO Jochen Hanebeck said, "For me, industrial AI or physical AI is, first of all, a must win for Europe." Experts believe Europe’s historical strengths will help build safe systems for industrial machinery.

Story at a Glance

Category
Indian Markets
Reported By
Reuters
Reading Speed
2 Minute(s)
Market Focus
India Economy

As AI moves from data centres into robots, vehicles and industrial machinery, demand ​will grow for chips and systems that can operate safely ​and reliably in the real world, the executives told ⁠an industry gathering in Munich, Germany.

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"For me, industrial AI or physical AI is, first of all, a must win for Europe," Infineon ​CEO Jochen Hanebeck said. "There are so many topics where we feel ​that we are second to other regions."

STMicroelectronics CEO Jean-Marc Chery said physical AI ‌would ⁠require close cooperation between chipmakers and customers, including training robots in AI-simulated environments before putting them to work.

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