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Story summary
- Volkswagen plans to invest up to €1 billion ($1.17 billion) in artificial intelligence (AI) by 2030 to improve vehicle development, manufacturing, IT infrastructure, and cybersecurity.
- AI integration could yield savings of €4 billion by 2035.
- The company currently uses over 1,200 AI applications, with more in development.
- Partnerships, including one with Dassault Systèmes, will enhance AI-driven engineering and virtual testing.
- Volkswagen calls for supportive regulations in Europe to remain competitive.
