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

Once a gamble in the desert, electric grid batteries are everywhere
How a cryptocurrency helps criminals launder money and evade sanctions
How much water does AI actually use? Depends on whom you ask
South Korea's consumer agency to order SK Telecom to compensate 58 hacking victims
Opinion: What happens to online discussion forums when AI is the first place people turn?
A Reddit post led to a breakthrough in the Brown shooting investigation
Review: For disappointed 'Civ' fans, 'Anno 117' will scratch that strategy itch
What is so special about TikTok's algorithm?
Robotics pioneer says the field has lost its way
Google warns staff with US visas against international travel due to embassy delays, Business Insider says

Others Also Read