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Volkswagen Commits €1 Billion to AI Integration by 2030, Targeting Billions in Savings
Volkswagen Commits €1 Billion to AI Integration by 2030, Targeting Billions in Savings
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BTCCSquare news:
Volkswagen AG unveiled plans to invest up to €1 billion ($1.2 billion) in artificial intelligence by 2030 during the opening of Munich's IAA car show. The German automaker aims to embed AI across its operations—from vehicle development to industrial applications—to unlock €4 billion in projected savings by 2035.
CEO Hauke Stars framed the technology as pivotal for accelerating innovation cycles: "AI is the key to greater speed, quality and competitiveness along the entire value chain." The announcement coincides with strategic pivots in Volkswagen's Core Chinese and German markets, including Sunday's debut of the budget-focused ID.2 electric SUV concept.
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