Who finances Cyber Valley?
In total, all Cyber Valley partners – the Max Planck Society, the Universities of Stuttgart and Tübingen, several foundations, the business partners as well as the State of Baden-Württemberg – are investing 165 million Euros in the location as a first step towards establishing an internationally competitive AI hotspot.
The State of Baden-Württemberg, the Max Planck Society and the Universities of Stuttgart and Tübingen are investing in new research buildings in Stuttgart and Tübingen, ten new university chairs and ten new research groups, a new graduate school and central facilities to support Cyber Valley.
The industrial partners support the research groups at the Max Planck Institute for Intelligent Systems and the two universities with a total of 7.5 million euros from 2018 to 2022. In addition, two endowed professorships will be financed by the industrial partners: a Chair for Machine Learning in Tübingen, funded by Robert Bosch GmbH, and a Chair for Digital Entrepreneurship in Stuttgart, funded by Daimler AG.