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Economic Times Tech
Economic Times Tech
7/21/2026
US ambassador sees $40 billion tech investment wave into Portugal by 2031

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

Short summary

Portugal expects up to $40 billion in US technology investment by 2031, positioning itself as Europe's primary hub for American AI infrastructure. Google's Nuvem cable deepens the US-Portugal digital partnership, while large data center projects in Sines expand capacity. This strategic buildout could serve as a model for Europe's broader AI infrastructure growth.

  • •$40B US tech investment expected in Portugal by 2031
  • •Google's Nuvem cable strengthens US-Portugal digital partnership
  • •Sines data center project anchors Portugal's AI infrastructure ambitions

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