Business and politics must align to drive innovation, particularly in today's technological era where artificial intelligence (AI) is increasingly dominant. The newly launched €150 billion EU AI Champions Initiative marks a significant step forward, with 60 European companies - both startups and Incumbents uniting to streamline AI regulations. Switzerland has a strong representation with four startups and scale-ups supporting the vision of transforming industries with AIThe EU AI Champions Initiative launched at the AI Action Summit in Paris, hosted by French President Emmanuel Macron, aims to position Europe as a global leader in Artificial Intelligence (AI). The initiative will foster collaboration across technology, industry, and policy sectors, boosting AI adoption, talent, investments and innovation to drive Europe’s economic growth and global competitiveness.For the first time, European leaders from across countries, industries, technology, and policy have come together to create a functional flywheel aimed at accelerating Europe's leadership in artificial intelligence. By framing an ambitious and positive vision for Europe, mobilizing talent and capital, and driving AI adoption, this unprecedented collaboration seeks to create self-reinforcing mechanisms that will foster the growth of new technology companies and strengthen the global leadership of Europe’s established industries. Together, they aim to drive economic growth and social prosperity across the continent.The initiative emphasizes the need for a regulatory environment that supports AI innovation while ensuring ethical and secure use of AI technologies

Siemens for Startups program to streamline the collaboration process and facilitate partnerships with new innovative companiesSiemens to collaborate with Amazon Web Services (AWS) to deliver access to Siemens Xcelerator ecosystem and accelerate innovation at startupsMUNICH, Jan. 7, 2025 /PRNewswire/ -- Siemens today launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups. Announced at CES 2025 in Las Vegas, the program will enable new innovative companies to accelerate innovation, streamline development processes and scale faster by providing venture-related services, while reducing the cost of access to Siemens software and hardware.Siemens today launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups."Startups are essential to making our customers more competitive, sustainable and resilient. By collaborating with startups, Siemens helps bring breakthrough ideas to industries faster, empowering customers to address global challenges more effectively with cutting-edge technologies, tools and solutions," said Peter Koerte, Member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer.The Siemens for Startups program has three pillars:ConnectThe new program will help onboard startup companies to the Siemens Xcelerator marketplace, thus providing access to a global go-to-market channel and the Siemens Xcelerator ecosystem.CollaborateAs an early customer and co-developer, Siemens will collaborate with leading startups through venture clienting. This approach will give Siemens access to cutting-edge capabilities and services and provide startups with the early revenue needed for growth.EmpowerSolutions from the "Siemens for Startups" program will provide startups – whether focused on product development or on software development – with packaged access to essential software tools from Siemens Xcelerator.Partnership with AWSAs part of its ongoing strategic collaboration with AWS, Siemens will link the "Siemens for Startups" program with AWS's Startup program to accelerate innovation, streamline development processes and enable startups to scale faster. The collaboration underscores both companies' commitment to fostering entrepreneurship and driving digital transformation in the industrial sector."Collaborating with Siemens allows us to extend the capabilities of our AWS Startup program to a new generation of innovators in the engineering and manufacturing space," said Jon Jones, Vice President and Global Head Startups at AWS

ZURICH (December 10, 2024) - EthonAI announces that Dr. Volkmar Denner, former CEO of Bosch, has joined its advisory board.