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The Economic Times

Technology

US ambassador sees $40 billion tech investment wave into Portugal by 2031

Portugal United States Europe Google

Portugal is set to attract more than $40 billion in US technology investment by 2031, becoming home to Europe's largest hub of American AI infrastructure investment, U.S. Ambassador to Portugal John Arrigo said on Tuesday.

At a ceremony marking ‌the successful ⁠connection ⁠of Google's new Nuvem transatlantic cable, he urged Europe to follow Portugal's example and build its digital future with trusted US partners or risk falling behind.

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