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Spain thinks big: State-backed AI gigafactory targets €5 billion investment

Spain is the only European country bidding for an EU artificial intelligence gigafactory through a company almost half-owned by the state. The Spanish Society for Technological Transformation, known as SETT, holds 47.99 per cent of the project company, while the Catalan Government owns another 1 per cent. The project forms part of the wider European push to increase artificial intelligence… Source

Spain is the only European country bidding for an EU artificial intelligence gigafactory through a company almost half-owned by the state. The Spanish Society for Technological Transformation, known as SETT, holds 47.99 per cent of the project company, while the Catalan Government owns another 1 per cent. The project forms part of the wider European push to increase artificial intelligence… Source
ORIGINAL SOURCE

Euro Weekly News Spain

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