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Benzinga
Benzinga
Business
Triveni Kothapalli

Volkswagen Commits Over $1 Billion To Artificial Intelligence Push

Volkswagen Artificial Intelligence VWAGY
Las,Vegas,,Nv,1-8-2025:,Volkswagen,And,Mobileye,Collaborated,To,Present

Volkswagen AG (OTC:VWAGY) outlined plans to invest up to 1 billion euros (roughly $1.17 billion) in artificial intelligence by 2030, saying the technology will be central to accelerating vehicle development and strengthening industrial operations.

The commitment, announced Sept. 9 at the IAA Mobility trade fair, also includes expanding high-performance IT systems as part of the group's long-term digital strategy.

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