Brussels Gives the Green Light to the Alliance of ACS, Telefónica and Santander for the Móra La Nova AI Gigafactory - ON ECONOMY
18 Articles
18 Articles
The Commission sees no competition problems in the Spanish joint venture, which would present the candidacy to keep the project this September
The European Commission approves the joint venture between ACS, Telefónica and Santander, with government participation, to develop the project in Tarragona and Madrid
Spain wants to participate in one of the main European infrastructures with a project in Móra la Nova
The company will compete to install one of the largest European AI infrastructures in Spain
Brussels has concluded that the operation does not raise competition problems. Santander, ACS and Telefónica, the three main private investors of the project, will jointly control 47% of the company’s capital.
The three private investors will control 47% of the company’s capital. More information: The consortium of the Spanish gigafactory of AI fixes in Moncloa its leadership, with Francesc Fajula at the front
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
