Bosch plans to invest over €2.5 billion in artificial intelligence (AI) by 2027 with a focus on AI application in assisted and automated driving.
Bosch aims to exceed €10 billion in sales of software, sensors, vehicle computers, and connectivity components by the mid-2030s, leveraging its AI expertise and innovative approach.
Bosch's early-mover advantage in AI is evident through over 1,500 AI-related patent applications in the past five years, positioning the company as a top applicant in Europe.
Bosch's chairman, Stefan Hartung, raised concerns about Europe's AI regulatory environment, critiquing excessive regulation as hindering AI progress and urging for a focus on essential safeguards.