Image: The Tech CapitalIberian AI gigafactory proposal allocates $14 billion across Portugal and Spain - The Tech Capital
• Portugal and Spain have submitted a joint proposal to the European Commission to develop a massive AI gigafactory infrastructure network. • The project involves a total investment of €12 billion (approximately $13.7 billion), with funding to be split equally between the two nations. • Portugal's portion of the network will be centered in Sines, with additional facilities planned for Lisbon and Abrantes.
thetechcapital.com

