Germany tech news
Here are some recent tech news from Germany:
- BMW and Daimler invest in autonomous driving startup: BMW and Daimler, the parent company of Mercedes-Benz, have invested in the German autonomous driving startup, Five.ai. The investment is part of a larger funding round that values Five.ai at over $100 million. (Source: Reuters)
- Siemens and IBM partner on AI-powered industrial automation: Siemens and IBM have partnered to develop AI-powered industrial automation solutions. The partnership aims to help manufacturers improve efficiency and reduce costs by leveraging AI and IoT technologies. (Source: Siemens)
- Deutsche Telekom launches 5G network in Germany: Deutsche Telekom has launched its 5G network in Germany, offering customers faster data speeds and lower latency. The network is available in several cities across the country, including Berlin, Munich, and Hamburg. (Source: Deutsche Telekom)
- German startup, Wirecard, acquires US-based company: Wirecard, a German fintech company, has acquired the US-based company, Citcon. The acquisition will help Wirecard expand its presence in the US market and offer its payment solutions to more merchants. (Source: Wirecard)
- German government invests in quantum computing research: The German government has invested €10 million in quantum computing research, with the goal of developing new technologies and applications. The funding will support research at several universities and research institutions across the country. (Source: German Federal Ministry of Education and Research)
- E-scooter startup, Tier, raises €25 million in funding: Tier, a German e-scooter startup, has raised €25 million in funding from investors, including the venture capital firm, Northzone. The funding will be used to expand the company's operations and develop new products. (Source: Tier)
- German startup, Celonis, raises $290 million in funding: Celonis, a German startup that offers process mining software, has raised $290 million in funding from investors, including the venture capital firm, Accel. The funding will be used to expand the company's operations and develop new products. (Source: Celonis)
- Deutsche Bahn launches digital ticketing system: Deutsche Bahn, the German national railway company, has launched a digital ticketing system that allows passengers to buy and store tickets on their smartphones. The system is designed to reduce queues and improve the passenger experience. (Source: Deutsche Bahn)
- German startup, FlixMobility, raises €500 million in funding: FlixMobility, a German startup that offers bus and coach services, has raised €500 million in funding from investors, including the venture capital firm, Permira. The funding will be used to expand the company's operations and develop new products. (Source: FlixMobility)
- German government launches AI strategy: The German government has launched a new AI strategy that aims to promote the development and use of AI technologies in the country. The strategy includes measures to improve AI education and training, as well as to promote the use of AI in industries such as healthcare and finance. (Source: German Federal Ministry of Education and Research)
These are just a few examples of the many tech news stories coming out of Germany. The country has a thriving tech industry, with many startups and established companies driving innovation and growth in areas such as AI, fintech, and mobility.