Deal Value
Undisclosed
Announced
Saturday, June 27, 2026
Deal Details
EU and member states plan up to €20 billion of public‑private investment into five AI compute gigafactories, with Spain fielding a Tarragona site backed by major corporates.
A cloud computing partnership providing infrastructure and compute resources.
Related Analysis
Megawatts Over Models: AI's Next Constraint Is Power, Not Algorithms
A run of mid-2026 deals — a nuclear-powered data center, a $6.3B GPU lease, photonic interconnects — shows the AI frontier moving from code to physical infrastructure.
Sovereign Compute: Why Governments Are Now Building the AI Factories
From Tarragona to Tokyo, public money is flowing into AI data centers. The race is no longer only about models — it is about who owns the machines that train them.
Related Deals
SpaceX → Reflection AI
Nvidia → Firmus Technologies
Bell Canada → Unknown
Blackstone → Firmus Technologies Pty Ltd.
Amazon → Unknown
Unknown → SpaceX