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Wednesday, Jan 22, 2025

Spain Announces €150 Million Investment to Enhance AI Integration in SMEs

Spanish government to allocate funds to boost artificial intelligence in small and medium enterprises.
Madrid, 20 January 2025 - The President of the Spanish Government, Pedro Sánchez, has announced a new allocation of 150 million euros aimed at fostering the integration and utilization of artificial intelligence (AI) within Spanish businesses.

This announcement aligns with Spain's broader AI Strategy.

Sánchez revealed that 20 million euros will soon be dedicated to supporting 500 use cases within small and medium-sized enterprises (SMEs).

The insights and outcomes from these applications will be shared extensively to cultivate a more innovative and competitive SME ecosystem.

In a speech at the Ramón Areces Foundation, where the AI study 'HispanIA 2040' was presented, Sánchez was joined by key government officials, including the Minister of Digital Transformation and Public Function, Óscar López; Vice President and Minister of Ecological Transition and Demographic Challenge, Sara Aagesen; Minister of the Interior, Fernando Grande-Marlaska; Minister of Transportation and Sustainable Mobility, Óscar Puente; and Minister of Agriculture, Fisheries and Food, Luis Planas.

Sánchez also announced the launch of ALIA, an open-source data corpus available in Spanish and other official languages, which will be accessible to developers.

Furthermore, two pilot projects have been initiated: an internal chatbot intended to streamline the work of the Tax Agency and its citizen services, and a primary healthcare application that utilizes advanced data analysis for early and accurate diagnoses of heart failure.

Minister Óscar López, during the event's opening, addressed the government's recent decision concerning Telefónica's leadership.

He commented on José María Álvarez-Pallete's departure, noting that his nearly decade-long tenure was up for imminent renewal and that it should not come as a surprise.

López highlighted that the current conditions for Telefónica differ from those during Pallete's leadership.
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