Volkswagen Plans €1 Billion AI Investment by 2030
Volkswagen has announced plans to invest up to €1 billion in artificial intelligence (AI) by 2030. This investment will focus on AI-supported vehicle development, industrial applications, and the expansion of high-performance IT infrastructure. The company aims to accelerate the development of new vehicle models and technologies, making them available to customers more quickly.
Volkswagen expects that the consistent use of AI will lead to efficiency gains and cost avoidance opportunities of up to €4 billion by 2035. Currently, the company employs over 1,200 AI applications across its operations, with several hundred more in development or nearing implementation.
The investment will also support the expansion of Volkswagen's digital infrastructure in Europe, enhancing its resilience against external risks. The company is committed to integrating AI across its entire value chain, from vehicle development to production, to improve speed, quality, and competitiveness.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Daily AI Brief.
Also, consider following us on social media:
Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
BCG Finds Nearly Half of Companies Generate Value From AI
Black Forest Labs CEO Urges More AI Optimism in Europe
Gates Foundation Commits $1 Billion to Expand AI Access
Zeit AI raises €5 million for autonomous data engineering agent
HL Klemove and Lenovo Partner on AI Computers for Autonomous Vehicles
Daily AI Brief: the AI news that matters, in your inbox.