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Siemens Invests $150 Million to Establish Global AI Manufacturing Technologies R&D Center in Ontario

Mar 31, 2025•4 months ago

Contract Type

partnership

MunichInformation Technology

Description

Siemens has made a $150 million investment to establish a Global AI Manufacturing Technologies Research and Development (R&D) Center for Battery Production at its headquarters in Oakville. The investment will create up to 90 new jobs while helping secure Ontario’s leadership in battery manufacturing.

Company Information

Company

Siemens

Location

Munich, Bavaria, Germany

About

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company's purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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