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)

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

Next In Tech News

Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist
US denies visas to EU ex-commissioner, four others over tech rules
Online daters are getting serious about vetting their matches
Waymo to update software after San Francisco power outage snarls self-driving vehicles
Apple to allow third-party app stores in Brazil to settle iOS case with regulator

Others Also Read