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

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MADRID : 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.

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.

MADRID : 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.

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Category: EconomyBusiness

Markets: SingaporeCyprusSpain

Topics: Photo: Minister Mediacorp Sanchez File Press Prime Experience Pedro Speaks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 19:47:06 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 116 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25284400

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