Bosch to invest $2.9 billion in AI over next two years.

Germany's Bosch said it will invest more than 2.5 billion euros (about $2.9 billion) in artificial intelligence through 2027 and will sign a memorandum of understanding to continue collaborating with Microsoft on factory-focused AI.

Bosch said it will invest more than 2.5 billion euros (about $2.9 billion) in artificial intelligence through 2027 and presented new AI-based driver-assist systems and sensors at a trade show in Las Vegas. The company announced it will sign a memorandum of understanding to continue its collaboration with Microsoft, and described agentic AI as a tool to optimize production, maintenance and supply chains. Bosch also said it is partnering with self-driving truck company Kodiak AI to develop integrated hardware and software for driverless trucks. The announcement comes as the firm outlines aims to grow software and sensor-related sales amid earlier workforce reductions. Key facts: - Bosch will invest over 2.5 billion euros in AI by the end of 2027, described as more than $2.9 billion. - The company said it will sign a memorandum of understanding with Microsoft to explore agentic AI for factory production and supply-chain optimization. - Bosch presented AI-based driver-assist features, including systems that can search for parking, and new sensors to aid driving and robotic perception. - Bosch is partnering with Kodiak AI to build platforms for driverless trucks and is supplying sensors and steering technologies. - The company expects sales of software, sensor technology, high-performance computers and network components to more than double by the mid-2030s to over 10 billion euros, and projects software and services sales to exceed 6 billion euros by the start of the next decade. - Bosch reported group sales of 90.35 billion euros in 2024 and has previously announced workforce reductions of 9,000 and a further 13,000 planned by the end of 2030. Summary: Bosch is directing a substantial AI investment toward manufacturing efficiency, supply-chain work and new automotive and robotics products, and showcased related systems in Las Vegas. The company will formalize further collaboration with Microsoft through a memorandum of understanding and is advancing a separate partnership with Kodiak AI on autonomous truck platforms. Projected revenue growth in software and components is part of Bosch's stated plan for the coming decade.