France and Germany, along with Austria, Bulgaria, Poland, and Slovenia, are establishing AI Factories to expand Europe’s AI infrastructure, with Germany’s AI Factory including an experimental platform for innovative AI models. These factories will provide comprehensive support for AI startups and researchers, offering access to high-performance computing resources and technical expertise. Additionally, Austria’s AI Factory aims to support ethical and sustainable AI development, while Bulgaria’s BRAIN++ Factory focuses on talent development and fostering AI innovation in various sectors.
Full Article
Merz plans €46bn corporate tax breaks to revive German economy
Germany's new government plans to implement a €46bn corporate tax break package to stimulate the economy, with Finance Minister Lars Klingbeil set to present the measures aimed at enhancing competitiveness and encouraging investment by summer. Key incentives include allowing companies to deduct 30% of new machinery costs from taxes and gradually reducing the corporate tax rate from 15% to 10% by 2028. This initiative is part of a broader strategy to modernize infrastructure and support...
Read more