billion

There are up to 2.8 billion at stake

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“We are here because the data is overwhelming and alarming, since there is an unjustified lag of more than two euros per kilo between the real price at the origin of olive oil (3.5 euros per kilo) and the value it should have (5.55 euros per kilo).” They are the words of Miguel PadillaSecretary General of Coordinator of Agricultural and Livestock Organizations (COAG). They said on Tuesday by presenting in front of the National Markets Commission and the competition to file a formal complaint to what seems like a manipulation of the olive oil market. Market manipulation? We have been counting it. For months, the spokesmen of the Spanish olivers They have denouncing that something weird happened with the price of oil at source. The reality is that, in terms of contribution, this market is very “simple.” With logical variations according to the situation of the moment, the price of oil is an extremely predictable fact: it depends almost exclusively on the stocks there. And that the problem, which the price that the liter of oil is much lower than what it would have to be. In -depth investigation. Concerned about this anomaly, the Provincial Council of Olive Oil of the Provincial Council of Jaén requested a detailed report to a group of researchers from the University of Jaén, the University of Córdoba and the Institute for Agricultural and Fisheries Research and Training. Your conclusions They were crystalline: That mismatch not only existed, but it was much larger than the first estimates said. Are we facing a crime? The artificial alteration of the prices of origin of olive oil is of course illegal according to the Law of Defense of Competition. In fact, to demonstrate, it would be a serious infraction. For now, yes, only indications have been verified that the market is not working correctly (losses of up to 2.8 billion) are estimated, but the next step is more complicated. And need authorities to take action on the matter. Because although it is expressly prohibited for companies to reach agreements in order to restrict or falsify the competition, prove it is not easy. A symptom of a chronic disease: the inability to be able to make strategic decisions that ensure the future of the olive grove and the good condition of a strategic sector that industrially vertebra A territory already very touched by the olive tree, depopulation and lack of opportunities. As we have been saying weeks, in the coming months, Spain You will control The global marketing of olive oil and will not help you. It is worth remembering that we talk about a sector that, despite growing 15% a year, will see how more than 500 oil mills will close in the next decade. Not only that, it is worth remembering that we talk about a sector that, despite its feeling of leadership and solidity, is crossed by the same problems than the rest of Spanish agriculture. With all that means that. Image | Miguel Masegosa In Xataka | The great paradox of Spanish olive oil: although it grows 15% per year, more than 500 oil mill will close in the next decade

Spanish bank has made a “confiscatory” tax in Confetti for its party: 8.4 billion benefits

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8,487 million euros. That is the joint benefit of the six great banks quoted in Spain during the first quarter of 2025. 27% more than a year ago, according to The economist. The most striking thing is that they have achieved it in full application of the extraordinary government of the Government, to which They called “Confiscator”, “disproportionate” and “harmful to the stability of the financial system.” That tax has ended up being a mere accounting score. A cost that can be moved, adjust, deduce. In summary: overcome. Why is it important. Because it shows a historical constant: when trying extraordinary to financial power, it reacts extraordinarily effectively. And because he talks about systemic inequality: a citizen cannot choose when and how to pay their taxes, but a bank does. And you can even earn more money along the way. In detail. Of the 1.4 billion euros that the bank tax was supposedly costing this year, only 351 million have impacted the first quarter accounts. Not because it has been repealed. But because this year is prorated. The regulations allow deductions of up to 25% of the tax base, a circumstance that financial entities have taken advantage of to optimize their results. Bankinterdirectly, will not pay anything this year or the one that comes. Thanks to the deductions of the Corporation Tax, its fiscal invoice has been zero. CaixaBankthat does pay, it is almost the one that wins the most: +46.2% benefit. He Santander It reduces its tax burden of 74%, and earns 3,402 million. And the BBVAin a context of downward types, its results improves 22.7%. Between bambalins. The strategy is double: accountant and narrative. Accounting, the tax is fractional and make up with deductions. Narratively, the sector projected a resistance image. But the reality is that the tax has not altered the fundamental: Has not stopped profitability (Rote up to 20%). It has not reduced dividends. The business trend has not changed: in Spain, banks grow 48%. The banks expressed concern about the impact, but the adaptation of their fiscal strategies has considerably damping the effect they had planned. The backdrop. In 2024, The tax was loadedand the bank raised his voice. But since then they have learned to manage it. The new design gives them air. A “fiscal air” that allows them to continue flying although in theory they carry ballast in the form of extra tax load. In addition, this fiscal relief more than compensates for the setback in the margin of interest, which falls 3.95% due to the decrease of types. But The gross margin rises 8.31%thanks especially to commissions … already the aforementioned tax adjustments. In perspective. While the general economy looks at the Iribor of side and keeps inflation, the banking sector demonstrates adaptation to the fiscal environment. They have not only avoided the coup, but continue to meet objectives before shareholders and investors. And incidentally, they leave a message to the markets: not even before a sudden tax its benefits are stopped. Outstanding image | BBVA In Xataka | The sweet moment of Revolut: Duplicates his profits in 2024 and aspires to become a whole rule

promises to manufacture up to half a billion dollars in AI products in the US

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Nvidia has announced an ambitious plan to manufacture artificial intelligence infrastructure (AI) in the United States by value of up to 500,000 million dollars during the next four years. The initiative includes the production of Blackwell Chips in Phoenix (Arizona), as well as new plants dedicated to assembling their AI superorders in Texas. The company will also have facilities in Houston and Dallas. It provides that mass production in plants take off within between 12 and 15 months. Now, the announcement arrives at a delicate time, marked by the commercial war promoted by the administration of Donald Trump that, Despite a temporary exemptionmaintains the focus on semiconductors. Factories in the US, foreign experience. Although Nvidia has not detailed what models of Blackwell chips or AI systems will be involved, it has confirmed with who will carry out this industrial expansion. The company will support weight partners such as TSMC, Foxconn and Spil, three Taiwanese giants, in addition to the American Wistron. Behind this international collaboration is the model Fables that follows Nvidia. The company designs its chips, but does not have its own manufacturing plants. To do this, he trusts specialized manufacturers such as TSMC, a formula that also use other heavyweights of the industry such as AMD, Qualcomm or MediaTek. But after the announcement underlies an uncomfortable reality, especially for the aspirations of technological self -sufficiency pursued by the United States. Large companies in the sector, such as NVIDIA or Apple, continue to depend largely on the production capacity and foreign expertise for the production of most of its products. Taiwanese firms land in the US. Match the level of technological sophistication offered by Taiwan remains a distant goal. Giving up that capacity simply is not a viable option. The alternative, As already begun to glimpse with the Chips Law promoted by the Biden Administrationgoes to attract factories to the US territory. But the deployment has not been simple. TSMC has faced delays due to the difficulty of finding workers willing to assume their demanding work culture. According to Fortunethe 12 -hour days and weekend shifts did not fit the American model, and caused internal tensions and high staff rotation. The plants begin to take off. After months of delays, the first TSMC factory in Arizona has started producing chips for Apple and AMD using the N4 node (5 Nm). It is not its most advanced technology, but marks an important step. The second plant, scheduled for 2028, will work with nodes of 3 Nm and 2 Nm. In the case of Nvidia, the company has confirmed that the production of its Blackwell chips has already begun at the TSMC facilities in Arizona. What is not entirely clear is at what exact point the process is located or if the final packaging is being carried out in the United States or continues depending on shipments to Taiwan. As A ASML points outthere are several processes involved in chips production. Let’s see them in general: Deposition: It starts from an ultrapuro silicon wafer on which very thin layers of different materials are added. These layers form the base of the chip. Fotor resistant coating: The wafer is covered with a photosensitive material that reacts to light and allows to transfer the design of the circuit. Lithography: Ultraviolet light on the resist To draw the chip pattern. This phase defines the size of transistors. Recorded: The exposed areas of the resist To mark the pattern on the wafer. It can be done with gases (dry) or with chemicals (wet). Ionic implantation: The wafer with ions is bombarded to modify its conductivity and form the transistors. Packaging: Chips are cut, place on a substrate with connections and encapsulate with a cover that protects them and helps to dissipate heat. Waiting for advances. Analysts cited by Reuters point that “it is unlikely that Nvidia had transferred its production to the United States of not being for the pressure of the Trump administration.” They add, however, that the announced figure could be an exaggeration, and compare the maneuver as the one performed by Apple when it promised to invest half a billion dollars in the country. Images | Nvidia In Xataka | After strictly regulating AI, the European Union has identified a problem: it has been too European Union

1.4 billion dollars have disappeared

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Elon Musk’s car manufacturer is not going through Your best moment financial with their actions falling into chopped For weeks. As if that were not enough, Dan McCrum, the journalist who uncovered the Wirecard fraudhas highlighted a possible hole of 1.4 billion dollars in the accounting of Tesla. The news has sat like a jug of cold water among Tesla investors, already upset by the crisis that has caused the political decisions of his CEO Doge front. This discussion potential has unleashed a series of questions about transparency and Reliability of financial information which provides Tesla. If this unraveling in the cash flow is not resolved quickly, it could have reputational consequences for the future of the company and the perception that investors have about the management of Elon Musk in front. The black hole: 1.4 billion dollars without explanation. The journalist published a complete finding analysis in it Financial Times which has exposed a gap of 1.4 billion dollars in the Tesla cash flow. According to McCrum, Tesla has put all the meat on the ASADOR of the AI ​​and plans to make investments worth 11,000 million dollars annually in developing Infrastructure for Ia. That leads to its cash volume in cash is greater than usual. Within the framework of these planned investments, in the third and fourth trimester combined of 2024, Tesla spent 6,300 million dollars in “Purchases of Properties and Equipment, excluding financial leases, net sales”, according to the cash flow states published in their accounts. However, in the balance sheet, the gross value of property, plant and equipment only increased 4.9 billion dollars in that period, to reach 51 billion dollars. That leaves a unravel between spending and assets of 1.4 billion dollars. The accounts are audited. As the vast majority of large companies, Tesla accounts are audited by external consultants. PWC takes care of these audits since 2005. Several accounting experts confirmed to Fortune that there are plausible justifications for this unraveler that could not be reflected in the financial statements of Tesla. However, it is expected that the relevant figures coincide for a company where sales have fallen but does not show serious problems in their assets, pointed to Fortune Tim Morrison, accounting professor at Notre Dame and Audit Socy of the consultant EY. PWC He has audited Tesla’s finances since 2005. “If they had incorrect numbers, then that would be an alert signal related to audit controls,” said Morrison calling for caution. We will have to see if PWC or the company offers some clarification, “he told Fortune Garrett Nelson, vice president and actions analyst of the CFRA Research consultant. Warning signs that Tesla should clarify. Luzi Hail, accounting professor at the Wharton School, stood out in the Financial Times That “the reason why the reported figures do not completely fit in most cases is that we only see the net changes in these accounts, but we do not have all the detailed transactions that have been carried out. Perhaps part of these assets were sold and we do not know their net accounting value.” Dan McCrum highlighted in his article that this unraveling could well be corrected in an accounting adjustment in the next quarter due to the gap in the annotation of the values. Last year, Tesla generated 15,000 million dollars of operating cash flow. He invested 11,000 million dollars in his businesses and did not pay dividends or repurchase shares with his bulky liquidity. However, Tesla also raised $ 3.9 billion of new financing, in addition to the 2.6 billion dollars of 2023. However, the journalist warns that it could be an alert signal that has already been seen previously in cases like Wirecard, so Tesla should offer A convincing answer To those accounting doubts. Tesla’s past ghosts. This is not the first time that Elon Musk is accused of manipulating the company’s figures. In the past, suspicions have already emerged about the way in which Tesla presents its financial results and about the veracity of its growth projections. This situation inevitably evokes Enron’s memory, the energy company that was declared in bankruptcy in 2001 after uncovering an accounting fraud of gigantic proportions. As the CEO of Asana points out In the article of Fortune“Tesla could be the next Enron” if it is confirmed that Elon Musk has deceived customers and investors. In Xataka | They are founders and ultra -ups, but they have not always driven luxury supercoches: a review of the cars of the Tech millionairesImage | Flickr (NASA HQ Photo), Unspash (Dmitry Novikov)

Blackstone wants to buy it for 5.5 billion euros

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The greatest business operation of what we have been in Spain is going unnoticed between more striking headlines and more names Sexiesbut its magnitude is extraordinary: two giants of risk capital want to buy the company that manages your waste for a sidereal price. The latest. Blackstone and EQT have signed an exclusivity agreement to negotiate Urbaser for approximately 5.5 billion euros, debt included, as progressing The economist. The consortium will now make a Due Diligence Four -week confirmatory to close the final fringes. Why is it important. This assessment makes Urbaser, a waste management company that was born as an ACS subsidiary, a more valuable asset than airlines such as China Airlines or Easyjet, and even that Indra, the Spanish Technological Giant of Defense. Incidentally, demonstrates the growing interest of global funds in the Spanish environmental sector. Between the lines. The Platinum Equity Fund, current owner –Urser is of Spanish origin but of US capital – will triple its investment in just three years. Urbaser bought the Chinese Chinese group Tianying (Cnty) in 2021 for 3,500 million, which in turn I had acquired it from ACS for only 1,114 million in 2016. The money trail. Platinum already has extracted a considerable value of Urbaser: He charged a dividend of 300 million euros in previous exercises. I had prepared another extraordinary dividend of 1,000 million if the sale failed. He sold four subsidiaries for approximately 1,000 million (United Kingdom, Nordic countries, water and operations business in Portugal). In figures. Urbaser is a growing giant: Ebitda of 2024: 560 million euros (without Argentina) Ebitda forecast by 2025: 600 million (without Argentina) The Argentine subsidiary, excluded from the operation, provides additional 90 million. What is happening. Blackstone continues with its strategy to buy Spain for fascicles. The American giant already has a large number of strategic assets in our country, from homes and hotels to logistics centers. This operation fits its global commitment to critical infrastructures and essential public services. And now what? If the operation is completed, it will be the largest of the year in Spain and one of the largest in Europe. The Argentine subsidiary will be sold separately, according to Expansionwhile the new owners must manage an important debt after the acquisition. In Xataka | Playtomic has just lifted one of the largest investment rounds this year in Spain with a peculiar hook: paddle Outstanding image | Urbaser

Amazon was about to buy the noise company for 1.4 billion dollars. Today is worth seven times less

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People don’t say they have vacuum robots. He says he has Robs. It is something special for a company that users replace the common name by their own name. The metonymic designation – kleenex by paper handker Robs They have certainly succeeded. Despite this, the company that creates them is going through a very complicated moment. Irobot, in trouble. The firm that designs and manufactures Roomba vacuum robots recently presented Your financial resultsand he did it with a pessimistic tone. Those responsible warned that they have “substantial doubts” that they can follow operations. Less income. In the results of the last quarter of 2024, he especially highlighted the 44% drop in income compared to the same period of the previous year. According to those responsible for the company, one of the reasons were “the competitive challenges facing the company.” Complex options. In fact, they explained that they have begun to analyze in detail their possible strategic movements to get out of this situation. One of them is refinancing their debt. The other, find a buyer, indicate In Bloomberg. Amazon already raised Irobot. Curiously, the company that manufactures these devices could be acquired by Amazon in the past. The company now led by Andy Jassy Theoretically came to buy itbut the European Union threatened Block the agreement And Amazon ended up backing down, with which this process never closed. A shadow of what it was. When Amazon was going to acquire Irobot, the assessment of the Roomba was 1.4 billion dollars. Its current market value is only 200 million dollars, seven times less. Pending debt. The investment firm Carlyle Group INC provided Irobot a loan of 200 million dollars in 2023. At that time the accounts did not have left, and that money allowed Irobot to have some liquidity while the acquisition of Amazon was managed. Not closing the operation, Carlyle can now collect terrible interests for Irobot: 9%. Too much competition. Roomba vacuums are still very well valued, but in recent years the competition has shown not wanting to be left behind. Robot vacuum cleaners has been rapidly used by other brands that have managed to equate in benefits, and in Irobot that brutal competition has noticed much. In Xataka | Better vacuum robots in quality price: which to buy based on the use and five recommended models

Murtra accelerates sales while the continent bleeds 1.7 billion

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Telefónica is running an accelerated output of Latin America under the command of Its new president, Marc Murtrawho has intensified the sale of assets in the region just two months after taking office. The Spanish Telec He has commissioned JP Morgan and White & Case The divestment of its subsidiary in Mexico, while progressing in parallel the sales of its operations in Argentina and Colombia. The money trail. Latin American subsidiar Group’s resultswhich closed 2024 with losses of 49 million euros after provisioning more than 2,000 million for the deterioration of assets in the region. And now what? Murtra, considered close to the Spanish government (remember The entrance of the State into the operator through the SEPI), seeks to specify The sale from Colombia to Millicom (Tigo) for about 370 million euros After many months of negotiations. At the same time, look for a buyer to The remains of your business in Mexico (He returned all his frequencies three years ago) and Evaluate options for other markets such as Uruguaywhere the competition has cornered him. What has happened. Telefónica had already classified in 2019 all Latin American markets, except Brazil, as “non -priority” and grouped them under the Hispam subsidiary. At that time, Álvarez-Pallete tried to sell those assets as a unit, but the process failed. Now, the plan has changed to disinversions country to country, accelerated since the arrival of Murtra, who considers them urgent. The contrast. While Hispam bleeds, Brazil remains a strategic and profitable market for Telefónica, contributing one in four euros in sales and almost a third of the profitability of the entire group. The growth of Brazil, where Telefónica invests more than in Spaincontrasts with the depreciation of currencies such as the Argentine and Chilean weight, as well as with the fierce competition suffered in markets such as Peru and Chile. Yes, but. Latin American markets (without Brazil) barely represent 20% of income and 11% of the group’s profitability, with a negative trend that is aggravated by political instability, devaluations and regulatory conflicts. Hispam’s billing fell 8.2%, while profitability collapsed 14.9%. The deterioration goes to forced marches and Murtra has already taken the scissors. Outstanding image | Telefónica In Xataka | 100 years after his birth, Telefónica faces the greatest existential dilemma in its history: what wants to be older

Openai has just signed a contract of 11.9 billion dollars, according to Reuters. It’s a poisoned dart for Microsoft

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The idyll between OpenAI with Microsoft It seems to be a thing of the past. Both companies have been preparing their respective future strategies for months, and it seems clear that in both cases the objective is the same: cut that relationship and independent of each other. Openai ends up announcing something key to achieve it. He has thrown new girlfriend, could be said. Who is Coreweave. Coreweave is a startup in which Nvidia has 6% participation. The company has a compound infrastructure (at the end of 2024) by 32 data centers with about 250,000 graphics cards of NVIDIA. Now he added more, including the new GPUS with Blackwell architecture, and thanks to that he can offer training and inference services for AI models. They started with crypts. The company is an example of the conversion, because when it was founded in 2017, Coreweave (then called Atlantic Crypto) was dedicated to Ethereum mining with GPUS. After the value fall in cryptocurrencies in 2018 they ended up changing their name and focus a year later. OpenAI signs an agreement with Coreweave. According to Reuters These two companies have reached an agreement worth 11.9 billion that will last five years. OpenAI will receive $ 350 million from Coreweave shares, and while Coreweave earns a spectacular customer for his future. And above all, in the face of his future public offer of actions. An impulse for your OPA. Coreweave is about to go overand intends to lift at least 4,000 million dollars. In 2024 they had revenues of 1.9 billion dollars, almost eight times more than in 2023, when 228.9 million dollars entered. Which is also double. The problem that Coreweave had is that they depended almost on a single client, Microsoft, which was responsible for 62% of that income. It also has as clients Cohere, goal and mystral, but with less prominence. Openai alliance is especially important to encourage investors to trust their future and in success of that IPO. Microsoft and OpenAi go to yours. In the announcement of the Stargate project it was clear that Microsoft would cease to be the only opening infrastructure provider of OpenAI. Meanwhile, Microsoft works In its own reasoning models to compete with those of OpenAI or Deepseek R1, for example, that effort is added to the development of the models Like Phi 4. A Plan B for Azure or AWS. OpenAI seems determined to avoid as much as possible to large cloud infrastructure suppliers such as Microsoft with Azure or Amazon with AWS. His alliance with Coreweaver is especially significant, especially since it implies another evidence that the alliance with Microsoft seems definitely condemned. Image | Techcrunch | Coreweave In Xataka | Manus is the new sensation of China after Deepseek. Is generating as many expectations as doubts

Anthropic lifts another 3.5 billion investment. It is just what they need to survive in an absolutely unleashed segment

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It’s as if money It is not over. At least in the case of AI, a sector in which spectacular investment rounds follow each other continuously. The confidence in startups and companies that work in AI models is extraordinary in the United States, and we have a last example of that AI fever. Anthropic lifts 3.5 billion dollars. The company has announced which has managed to complete a new investment round that will allow you to have 3.5 billion dollars from now on. It is not a figure as high as those they achieved OpenAI either XAI Recently, but it is still colossal. This time the great protagonists have not been Amazon or Google, but Lightspeed Venture Partners and other venture capital firms. It is worth more than Mercedes-Benz. That round makes the current assessment of Anthropic ascend to 61.5 billion dollars, an equally unique figure that would place it ahead of Mercedes-Benz (60,000 million dollars of valuation) if we equate that assessment with the market capitalization of the German automotive giant. But far from OpenAi. The investment round raised was going to be about 2,000 million dollars, but there was more demand than expected and finally raised much more money. Of course, its current assessment is still far from Openai’s, which is estimated to be around 300,000 million dollars. Money to continue working in AI. Those responsible for Anthropic point out how that new capital injection will allow them to continue developing “smarter and most capable AI systems that expand the ability that the human being can achieve.” Income is encouraged, but …. The projected income rate (Revenue Run Rate) of Anthropic was in 2024 of 1,000 million Ded Dolla, but now it is estimated that this rate has grown by 30%, a really fast pace. It is a remarkable figure, but it is probably well below what the company spends over a year to disappoint its models and maintain all its operational infrastructure. It is estimated which in 2024 spent 5.6 billion dollars. Claude 3.7 Sonnet animates things. The recent launch of its new hybrid model, Claude 3.7 Sonnethas once again demonstrated that the company is still a clear reference in this sector. The performance of this model is outstanding, especially in areas such as programming. But his future is complicated. Despite having one of the best generative products in the market, the company It depends absolutely on risk capital And of these investment rounds, at least for now. The competition is fierce And it also comes from companies with many more funds, which further complicates the thing for Anthropic. Investment in AI is unleashed. But for now it does not seem that the rhythm decays. The investment rounds continue to reach both these startups and companies already settled and the new ones that for example created recently Look Murati either Ilya Sutskever. The expectations about AI remain huge, and that continues to make money not stop. That is good news for the segment in general, but above all for Anthropic in particular. In Xataka | Choose between security and survival: the dilemma that terrifies the CEO of Anthropic in the US and China AI war

Microsoft will invest another 2.9 billion euros in a new installation in Zaragoza

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Microsoft sends more in Aragon. In October 2023 he announced that would build a megacampus with data centers In that region, and now this bet has been reaffirmed, because the Redmond company will increase the initial investment significantly. 2.9 billion more. As indicated In the worldthe president of the Government of Aragon, Jorge Azcón, advertisement Last Friday that Microsoft would expand its previous investment in 2.9 billion euros. The project consists in the creation of a new data center near Zaragoza. 59 hectares for the new campus.Este nuevo centro de datos ocupará 59 hectáreas en la zona de Puerto Venecia, en Zaragoza. It is expected to begin to develop in 2026 with an initial investment of 582 million euros for three years – the cost of building it, they point out In El Heraldo– And the rest of the phases for 2.3 billion more, to be executed in the next 10 years. 10,000 million in total. That makes the figure invested by Microsoft in Aragon already reach 10,000 million euros, a spectacular amount that yes, will benefit from a reduction in fiscal charges. The fourth data center in this region will be added to those already planned in the Recycling Technology Park (63 hectares), Industrial Polygon Centrovía de la Muela (147 hectares) or in Villamayor de Gállego (87.4 hectares). These three centers have a joint investment of 6,600 million euros in the next 10 years. More jobs. The construction phase will allow to create between 1,000 and 2,000 new jobs, and the project expects to be completed in ten years and creates 300 jobs. If the rest of the planned data centers are included for the region, there will be between 900 and 1,200 jobs in total. Economic impact. This last data center will make the impact for Aragon GDP estimated at 2,685 million euros between 2026 and 2030. Aragon is becoming a true nerve point for the technological industry, and in May 2024 already announced a technology park of 42 hectares next to the Ebro River Campus of the University of Zaragoza. Amazon is also installed in Aragon. Amazon was the first to want to create new data centers in Arat what. As indicated In the avant -gardelast year confirmed an investment of 15.7 billion for the construction of four centers (the Burgo de Ebro, Villanueva de Gállego, Huesca and Empresarium). Goal also seems have raised A data center in the region, although this project has not been confirmed at the moment. They will need a lot of energy. These great projects are also generating doubts about how the region will face the enormous energy consumption of these centers. Azcón indicated that the government should continue to invest in infrastructure and in the energy transport network to favor these Big Tech investments, but the truth is that these centers will consume more energy than the entire community. Aragon generates a lot of renewable energybut it is also that the demand imposed by these new centers probably put that supply in trouble: only AWS will duplicate The electrical consumption of Aragon, and Microsoft will further aggravate the problem. And a lot of water. Not only is the energy problem, but that of water. It is true that large technology companies are developing promising cooling systems For data centers, but the requirement is clear. Amazon already estimated that he would need 750,000 cubic meters of water a year, but most would return to the network after fulfilling his target as a refrigerant. We have no data on how Microsoft raises dealing with these needs in Aragon. The unique provision of Aragon to host these investments contrasts with that of Lleida, which vetoed these types of facilities in January 2025. Image | Microsoft In Xataka | 30,000 jobs and many doubts. What do we know (and what is not) of the “Data Valley” Valencian

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