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Stocks· July 21, 2026 at 04:20 PM
US ambassador sees $40 billion tech investment wave into Portugal by 2031
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
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AI summary
Portugal is set to attract more than $40 billion in U.S. 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 U.S. partners or risk falling behind.
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