Link Securities | Indra (IDR) will invest €200 million in its newly created artificial intelligence subsidiary, IndraMind, with the aim of growing in artificial intelligence, cybersecurity and cyber defence, according to Expansión newspaper.
Indra plans to make acquisitions to develop this new subsidiary and aspires to compete with the US company Pallantir.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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