Ibero-American countries agree on an alliance to build their own AI
The 30th Ibero-American Summit in Madrid launched a voluntary alliance to share data, models and compute in Spanish, Portuguese and Indigenous languages.
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The 30th Ibero-American Summit in Madrid launched a voluntary alliance to share data, models and compute in Spanish, Portuguese and Indigenous languages.
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The memorandum combines cloud resources, technical advice and joint research for the regional model. According to Telesemana, it doesn't specify licensing terms for third parties.
According to LAVCA, as cited by Entrepreneur, 55% of startups that closed a first round in the first half were AI companies. Only 27% of those funded since 2020 raised again within 18 months.
The committee voted unanimously on October 26 without having received the Government's substitute amendment. According to DUPLOS, the deadline for amendments is December 4.