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Google has invested 27 million Euros into various European news tech companies.
The companies had applied to Google’s Digital News Initiative fund, which aims to “help stimulate innovation in digital journalism”.
Recipients of the money include El Diario and Spectrm, Spanish and German companies that aim to build a journalism funding system and an artificial intelligence system respectively.
Other news tech companies that want to apply for funding can still do so, with Google having pledged to invest 150 million Euros in total.