the radical plan that Barcelona is considering for foreigners

New year, old worries. In one of his first polls 2025, the CIS has confirmed (to no one’s surprise) that one of the issues that most worries Spaniards at this start of the year, if not the most, is housing. Their prices and accessibility keep more people awake at night than the progress of the economy or the political debate. With that backdrop, in Barcelona, ​​one of the cities in the country where the more they are getting more expensive rentals, have decided to make a move to protect their market from speculation. and has an idea: prohibiting foreigners from purchasing homes in Barcelona if it is not to reside in them. What has happened? That Barcelona City Council has placed duties on itself in terms of housing. Its Commission on Ecology, Urban Planning, Mobility and Housing has approved an ERC proposal that raises explore the legal form to prohibit the purchase of homes by investment funds and foreign people who are not going to reside in them. The measure has moved forward with the support of the Republicans, PSC and Barcelona en Comú and the rejection of PP, Vox and Junts. Click on the image to go to the tweet. What exactly have they approved? The proposal of ERC advocated that the City Council, together with the rest of the administrations with powers in the matter, “promote the necessary legislative tools to prohibit the purchase of housing by all investment funds and non-resident persons (natural or legal) in the country, if it is not for one’s own residential use or that of a direct family member”. The Newspaper clarify that the PSC proposed a compromise to the ERC proposal (accepted by this group) so that, instead of requiring the Consistory to “promote legislative measures”, it would first commit to studying them. In any case, the commission closed with a clear message from the municipal body: it is open to prohibiting the purchase of homes by foreign companies and people who are not going to reside in them. Objective: not to be Monopoly. Republican councilor Eva Baró insisted on the importance of the measure to prevent Barcelona from “being sold in pieces as if it were the board of a Monopoly game.” “The original sin is mainly one: having understood housing as a market good, at the service of capital, instead of understanding housing as a human right, a necessity, that the public powers had to protect,” claimed. But… Doesn’t the Government want to do that? If anything has become clear at the start of 2025, it is that housing has become a priority issue on the political agenda. In less than a month they have presented their recipe book to facilitate access to both the PP like the Government, which recently announced a plan 12 measuresamong them one that consists of limiting through taxes the purchase of homes by foreigners from outside the EU who do not reside in Spain. As? With a tax burden of up to 100% of the value of the property. ERC advocate for going further in Barcelona. Its proposal is not limited only to buyers from outside the EU, it also wants to extend to EU foreigners. “It is not worth stopping halfway. This initiative would not only affect non-resident non-EU citizens like the one announced by Sánchez, but also investment funds and ultimately everyone, including community members, who do not buy a home to live in” , Baró emphasizes. Looking beyond Spain. Republican Left argues that, if it ends up coming to fruition, his proposal for Barcelona would not be so strange. Not at least if you put it in the European context. The training assures that in Amsterdam or Utrecht, both in the Netherlands, measures have been applied “that go along those lines to limit speculation” in the market. And at least in the specific case of Utrecht the idea seems to have had effects, according to the broken down data by Baró: “78% of the homes sold in the last two years were acquired by residents, while investors only managed to acquire 11% of the homes.” In other countries On the old continent, restrictions also apply to the sale of homes to foreigners. It matters how… and when. The agreement of the Housing Commission of Barcelona City Council is important for its content, but also for its context. And this one is not marked only by CIS data or the package of measures announced last week by Pedro Sánchez. A few days ago it was revealed that the “Golden visa” they have broken records in Catalonia, with the granting of 314 of these visas, especially to Chinese, Iranian, American and British investors, according to the data shelled by The Vanguard. 98% of these permits (308) correspond to Barcelona. What do the “Golden visa” show us? This enormous flow of “Golden visa” is no coincidence. In April the Government will end these residence visasa figure approved in the time of Mariano Rajoy and which is designed for non-EU residents who want to invest in financial assets in Spain or acquire a property for which they allocate at least 500,000 euros. According to the BBC, between 2013 and 2023, more than 5,000 of these golden visas, especially to Chinese (2,712) and Russian (1,159) investors. Images | Enes (Unsplash) In Xataka | After leaving Catalonia due to the rent cap, the investment funds have a new objective: Valencia

Google invests another $1 billion in Anthropic, according to FT. Having a plan B was never a bad idea

In 2021, several former OpenAI employees decided to set it up on their own. Among them were siblings Daniela and Dario Amodei, who led the founding of Anthropic. Since then, their work at Claude in particular and in artificial intelligence has made them leaders in the sector. So much so that even Google, which has its own AI project, opted for them. And now they have done it again. First investments. In April 2023, with the relatively recent release of ChatGPT, invested 400 million dollars in Anthropic. That number would end up going up up to 2 billion in total at the end of that year, which consolidated the promising commitment to this AI startup. Another 1 billion. As indicated Financial TimesGoogle has invested another $1 billion in Anthropic. The data comes from people related to the movement, and the operation—if confirmed—would allow Google to reinforce its participation in the company. Rival and plan B. Claude is a fantastic AI chatbot that has been gaining popularity in recent months and is now one of the benchmarks, but it rivals Gemini, Google’s model and chatbot. It is a unique situation in which Google has Anthropic as a rival but also as a potential ally if needed. Diversifying is always a good idea. As pointed out in the FT, this operation allows Google to diversify its interests and not put all its eggs in the same basket. And Anthropic expects more financial support. According to this newspaper, Anthropic is about to close a separate investment round of another $2 billion. Lightspeed Venture Partners would participate in it. This round is expected to triple Anthropic’s valuation and place it at around $60 billion. Amazon, even more relevant. Google’s investment is already very relevant, but Amazon is the main protagonist here. The company led by Andy Jassy has invested $8 billion in the startup, and Claude models are expected to end up being an integral part of the future version of Alexa that keeps delaying again and again. They already have gas for one season. These investments will allow Anthropic to continue advancing the development of its AI models. The “Computer Use” function presented at the end of October 2024 showed a future potential full of AI agents to do things for us on the computer, and the firm certainly seems to be heading in the right direction in this area. Image | Xataka In Xataka | Generative AI seems stagnant. Big Tech believes they have an ace up their sleeve: “agents” that do things for us

there is no clear or agreed plan to reach the AGI

The call Stargate Project It’s going to be a lot to talk about in the coming years. The colossal bet to make the US a leader in AI will focus on the construction of data centers in that country. And yet the proposal faces enormous challenges. Money galore.The investment of 500,000 million dollars in the next four years It is simply overwhelming. That figure represents approximately 30% of Spain’s GDP in 2023 (1.62 trillion dollars), and it certainly represents spectacular support for the North American country’s ambitions. Objective: achieve an AGI. In the official announcement, project participants explained how “all of us hope to continue the development of AI—and in particular IAG—for the benefit of all humanity.” General artificial intelligence (IAG or AGI for its acronym in English) is the holy grail of the discipline, and OpenAI, which will have operational responsibility for Stargate, has been pursuing it for some time. The diffuse meaning of AGI. The problem with this objective is that it is very diffuse. To clarify the issue a little, OpenAI and Microsoft wanted to define it in economic terms and indicated that an AGI will be when it achieves 100,000 million profits. Theoretically, these systems will equal or surpass human intelligence in all fields, and the social and economic implications could be colossal. But we don’t know if we will achieve it. Much more important than giving a definition is actually achieving that artificial superintelligence, and here there is a critical problem: no one knows how to achieve it. Technology companies and AI startups—such as created by Ilya Sutskever either that of Francois Chollet— are following different paths to reach that goal, but it is not at all clear that any of them has the key to an achievement of this type in their hands. And we don’t know how they want to get to it. None of the companies working on the development of an AGI clarify how they are planning to reach that objective, and the feeling is that they are experimenting without knowing very well whether the chosen path will allow them to achieve that objective. Meta made his intention clear a year ago, OpenAI and especially Altman are especially optimistic about itand the same thing happens with Musk and xAI. Mustafa Suleyman, head of AI at Microsoft, is more cautious and he prefers not to make predictions about when we will reach it, although he sees it as feasible. In AnthropicApple and Google seem equally reserved on this issue, but it is inevitable to think that they are also working to not be left behind. Hyperinvestment for hyperpromises. This gigantic investment is to a certain extent contradictory, especially when several experts warn that there is some AI slowdown and scaling—more power and more data to train models—doesn’t seem to work anymore, or at least it doesn’t seem to work as much. There are certainly promising trends such as AI agents or the models that “reason”but is building beastly data centers what we need? Is brute force enough? This also implies equally enormous energy requirementsand it will be interesting how the US resolves these new needs. But that large investment will allow companies to continue talking about how close AGI is, when we have no idea if it is close or simply is not and will not be. An American AGI with Japanese and Arabic money. Especially curious is that the entire project is dedicated to turning the US into an AI leader and manages to develop an IAG, but the money comes partly from other countries. SoftBank, led by Masayoshi Son (on the right in the image), will be the main initial support and will immediately invest 100,000 million dollars, it is Japanese. And MGX is an investment fund from the United Arab Emirates that participated in the investment round recent from OpenAI (like SoftBank) and which also has an alliance with Microsoft. That means that these companies (and perhaps their countries) certainly have a prominent role in this project and its potential benefits. Image | Wikimedia |Wikimedia In Xataka | OpenAI presents its new lucrative structure. Their mission: raise tons of money to develop the AGI

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