Spain to grant $155 million in subsidies to help companies develop AI


FILE PHOTO: Spain's Prime Minister Pedro Sanchez speaks during a press conference on the day of the Euro-Mediterranean Summit (EU-MED9) in a resort near Paphos, Cyprus, October 11, 2024. REUTERS/Yiannis Kourtoglou/File Photo

MADRID (Reuters) - Spain's government will grant additional subsidies totalling 150 million euros ($155 million) for companies to boost the use and integration of artificial intelligence (AI), Prime Minister Pedro Sanchez said on Monday.

($1 = 0.9689 euros)

(Reporting by David Latona; Editing by Inti Landauro)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

People watched 700 million hours of YouTube podcasts on TV in October
Riot has a secret plan to remake its ‘League Of Legends’ game
Tesla drivers are buying escape tools and�cars�to avoid getting trapped inside
CelcomDigi upgrades One plan with 500Mbps home fibre Internet, starting at RM240 a month
LG will let TV owners delete Microsoft Copilot after customer outcry
TikTok: key things to know
Clean, limitless energy exists. China is going big in the race to harness it.
Opinion: Top 10 video games of 2025
TikTok signs deal to sell US unit to American investor-led venture
US energy regulator directs PJM to launch rules on AI connections

Others Also Read