Spain approves €719 million AI Gigafactory investment and hopes for EU

Spain Government and the Council of Ministers have given a boost to the European artificial intelligence gigafactory that will be located in Móra la Nova, in the Ribera d'Ebre. The Government has approved the creation of the commercial company that will be in charge of the development and management of the infrastructure, while the Spanish government has approved an economic allocation of €719 million through the Spanish Society for Technological Transformation (SETT), dependent on the Ministry