Cyber Valley: Bosch establishes an endowed chair for machine learning

Stuttgart, Germany – Germany is getting its first Cyber Valley: to drive forward research in Baden-Württemberg on artificial intelligence, Bosch and partners from politics, business, and science are pooling their strengths in a new initiative. Modeled after Silicon Valley, Cyber Valley's aim is to translate findings from basic research into concrete industrial applications. "Machine learning and artificial intelligence are key competencies in shaping the connected world," said Bosch CEO Dr. Volkmar Denner at the Cyber Valley kickoff in Stuttgart. "In the international competition for innovation, Germany should not sit back and allow major IT companies from abroad to dominate these areas." Bosch is supporting the Cyber Valley venture to the tune of some seven million euros.