Brussels Gives the Green Light to the Spanish Consortium of ACS, Telefónica and Santander to Opt for the European AI Gigafactory
4 Articles
4 Articles
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 European Commission considers that the project does not raise competition problems, given the limited position of the companies involved in the market resulting from the transactionSánchez confirms the consortium of the Spanish AI gigafactory with Telefónica, Banco Santanter and ACS The European Commission (EC) has approved this Thursday, under the EU Merger Regulation, the creation of a joint venture consisting of ACS, Telefónica, Banco San…
The Spanish candidacy to house one of the great gigafactories of artificial intelligence of Europe exceeded one of its main procedures. The European Commission has given this Thursday green light to the joint venture created by ACS, Telefónica, Banco Santander and the Spanish Society for Technological Transformation (SETT), to compete for one of the ... Continue reading "Brussels gives green light to ACS, Telefónica and Santander to compete for …
The European Commission has approved the creation of a joint venture formed by ACS, Telefónica, Banco Santander and the Spanish government — through the Societat Espanyola per a la Transformació Tecnologica (SETT) — to opt for the artificial gigafactoria d'intel·ligència de Móra la Nova (Ribera d'Ebre).
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