Spain Sets Aside Up to €800 Million for EU AI Gigafactory Bid
Updated
Updated · Bloomberg · Jun 3
Spain Sets Aside Up to €800 Million for EU AI Gigafactory Bid
1 articles · Updated · Bloomberg · Jun 3
Summary
€600 million to €800 million in public funds will be earmarked by Spain for a proposed EU artificial-intelligence data center, with Madrid saying it is confident of winning the project.
Óscar López, Spain’s digital affairs minister, said the government will present details of its bid in the coming weeks for one of the EU’s five planned AI “gigafactories.”
The planned investment would back a massive data-center buildout tied to the EU’s push to expand regional AI computing capacity.
Spain’s move positions it as an early, publicly funded contender in the bloc’s competition for strategic AI infrastructure.