MULTIVERSE COMPUTING

About Multiverse Computing

AI company

Recent News about Multiverse Computing

• Spain pursues €5B EU AI gigafactory with state backed bid

  Spain has submitted the EU’s only AI gigafactory proposal backed by a majority state owned vehicle, with public entity SETT holding 47.99% and the Catalan government 1% of the project company. Telefonica, ACS and Banco Santander each own 15.67% and Multiverse Computing 4%, with Spain planning to commit €720 million to mobilise roughly €5 billion in AI compute infrastructure investment plus €300 million for EuroHPC. ([euroweeklynews.com](https://euroweeklynews.com/2026/08/29/spain-thinks-big-state-backed-ai-gigafactory-targets-e5-billion-investment/))

  Source: Euro Weekly News2026-08-29T13:48:00.000Z

• EU AI gigafactory plan delayed as Spain backs Tarragona hub

  On June 27, 2026, El Capital Digital reported that the European Commission has pushed the formal call for its AI “gigafactories” programme to July, delaying selection of up to five massive AI compute centres. Spain has already approved a mixed public‑private company to bid a gigafactory in Tarragona, backed by Banco Santander, ACS, Telefónica and Multiverse Computing.

  Source: El Capital Digital2026-06-27T05:07:25.314Z