en.Wedoany.com Reported - The Portuguese Council of Ministers approved a resolution this Thursday, agreeing to the country's participation in the European Artificial Intelligence Super Factory project. This project is a key component of the EU's AI Continent Action Plan. The joint Iberian application plans to invest €200 million in public funds over seven years for computing capacity. If the application is selected, the European Commission will provide matching funds.

Gonçalo Matias, Portugal's Deputy Minister of State and Minister for National Reform, stated at a press conference following the Council of Ministers meeting, citing reports from Lusa, that the goal is to ensure the Portuguese government can secure computing capacity, which will then be allocated to various ministries in need. The super factory's computing capacity is not only for the government, although the government should centralize all its computing needs there; the project is also open to small and medium-sized enterprises or any interested companies.

The Portuguese Development Bank (BPF) has submitted a proposal to Brussels to build an AI super factory in Sines. At the 36th Portugal-Spain Summit in March this year, Portugal and Spain formally expressed their intention to submit a joint application to the European Commission, planning to build infrastructure in both countries with a total investment of €8 billion. On the Portuguese side, Sines was selected as the site for infrastructure installation, with a national investment of €6 million, partially co-financed by the EU.

Gonçalo Regalado, CEO of the Portuguese Development Bank, revealed earlier this month that, in addition to Sines, Lisbon and Abrantes will serve as redundancy nodes. He considers these two locations to have "competitive advantages for the redundancy of the Portuguese Sines Super Factory." The European Commission plans to officially launch the tender for the super factory construction in July.

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