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canonical_url: "https://aidr.today/fcceb6aa?lang=en"
title: "Europe's three biggest industrial companies are cashing in on the AI boom, as Schneider and Siemens expand further into software, while ABB focuses on equipment (Aaron Kirchfeld/Financial Times)"
lang: "en"
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published_at: "2026-10-19T01:40:00.000Z"
category: "Industry"
topics: ["europe","nvidia"]
source_urls: ["https://www.techmeme.com/261018/p14","https://blogs.nvidia.com/blog/germany-wants-to-lead-the-world-in-industrial-ai-how-nvidia-will-help/"]
summary: "Schneider Electric and Siemens are expanding further into software as part of Europe's three biggest industrial companies capitalizing on the AI boom, while ABB focuses on equipment."
---

# Europe's three biggest industrial companies are cashing in on the AI boom, as Schneider and Siemens expand further into software, while ABB focuses on equipment \(Aaron Kirchfeld/Financial Times\)

> [Open the canonical story](<https://aidr.today/fcceb6aa?lang=en>)

**Published:** 2026-10-19T01:40:00.000Z
**Category:** Industry
**Topics:** europe, nvidia

## Summary

Schneider Electric and Siemens are expanding further into software as part of Europe's three biggest industrial companies capitalizing on the AI boom, while ABB focuses on equipment\.

## Sources

- [Story source](<https://www.techmeme.com/261018/p14>)
- [Story source](<https://blogs.nvidia.com/blog/germany-wants-to-lead-the-world-in-industrial-ai-how-nvidia-will-help/>)