Portugal will contribute €200 million to a planned AI gigafactory by purchasing computing capacity rather than taking an equity stake, the Ministry for State Reform confirms. The funds would be used alongside €200 million in EU support if the Iberian bid with Spain is selected by November 2026. The project
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France and Germany’s intelligence agencies selected French firm ChapsVision over Palantir for a key data analytics platform, Politico reports. Spain has instructed state-backed companies to block Palantir from future public contracts, while the UK faces a 2027 decision on a £330 million NHS data platform contract. (POLITICO) Europe
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The European Commission opens bidding for seven AI data centres, four smaller and three larger, with public funding capped at €2 billion per project. Consortia must secure national backing from Germany, Greece, Portugal, Italy or Spain for larger hubs, or Czechia, Denmark, Finland, France and Poland for smaller ones. The
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Spain's Bizum Pay entered physical shops on 18 May 2026, letting users pay by phone directly from their bank account. The service uses NFC technology to transfer money directly to merchants via instant transfer, bypassing foreign intermediaries. Spain’s Bizum heads to the high street to take on
