Artificial intelligence (AI) continues to advance unstoppable and has transformed the world as we knew it so far, revolutionizing the way of working, interacting and, ultimately, of living. Thereforethe Government of Spain will launch a call of 130 million euros from the European Regional Development Fund (FEDER) for the “integration of artificial intelligence into the company’s value chain”. This was announced on Tuesday by the Minister for Digital Transformation and Public Function, Óscar López Águeda, at the Mobile World Congress (MWC).
Specifically, they will be financed projects of up to a maximum of 5 million euros For experimental development and intensive use of AI through the “Machine Learning”, “Deep Learning”, language models, among other automatic learning technologies.
“This call will be added another of 50 million euros for the integration of AI in specific companies in the health sector“He said. Lopez has also wanted to remember the budget of 24 million euros that closed a few days ago to boost the use of this technology in Spanish SMEs. In this way, they are More than 200 million euros of European funds that will be activated in the coming years for the integration of artificial intelligence into the Spanish business ecosystem. This is the work we are doing companies, professionals and governments, which is “huge and unstoppable,” he said.
More than 65 million investment through the “SEPI Digital”
Lopez has also announced that The Government will invest 67 million euros in Multivrse Computinga quantum computing company based in Guipúzcoa. In this way, it will enter as a shareholder in the Spanish company through Spanish society for technological transformation (SETT). This public entity, better known as “SEPI Digital”, started with an investment mobilization capacity of 20,000 million euros, as announced by the former Minister of Digital Transformation, José Luis Escrivá.
This company has achieved a Compression model of artificial intelligence language models “above 90%”which could suppose an energy savings of around 50% in data centers.
The holder of digital transformation has indicated that this is a “pointer” and “revolutionary” project that It places Spain “at the head of Europe” in the technological career. In addition, with the entry of the government there is a “fundamental jump” in European strategic autonomy.