Latest news and stories about investment in technology in Portugal for expats and residents.
The project combines advanced neurotechnology, artificial intelligence (AI), and quantum computing to increase safety and operational efficiency in aircraft.
The project, which is funded by the European Commission under the European Defence Fund, combines advanced neurotechnology, AI, and quantum computing to increase the safety and efficiency of aircraft.
OpenAI is preparing for an initial public offering by the end of the year and is strengthening its focus on the enterprise market to boost revenue and gain market share against competitors, CNBC reported on Wednesday, the 18th. Fidji Cimo, head of applications at the company behind ChatGPT, stated in an internal meeting that the firm is 'aggressively orienting' its activity toward high-productivity use cases in the corporate sector. The strategy aims to convert its vast user base—over 900 million weekly active users—into customers who consume greater computing capacity, positioning ChatGPT as a productivity tool for businesses. Sources cited by CNBC point to a potential IPO timeline in the fourth quarter, though the date remains subject to change. OpenAI is also bolstering its finance team with investor relations specialists to prepare for the operation. This positioning comes amid increasing competition in the enterprise AI segment, where rivals like Google and Anthropic are also seeking to strengthen their presence, with Anthropic not ruling out a future IPO. In December, the company launched an internal plan to improve ChatGPT and respond to competitive pressure, reducing investments in areas such as healthcare, e-commerce, and advertising. OpenAI has also revised its infrastructure investment projections; compared to the 1.2 trillion euros initially suggested by CEO Sam Altman, the company now estimates investment in computing capacity at around 520 billion euros by 2030. Revenue projections for that horizon stand at 242 billion euros, with balanced contributions from both consumer and enterprise segments. The owner of ChatGPT exceeded 21.5 billion in revenue last year.
Tally is a platform that combines technology and human oversight to simplify financial management and lower costs for small and medium-sized enterprises.
OpenAI, the owner of ChatGPT, is preparing for an initial public offering by the end of the year while strengthening its focus on the enterprise segment to increase revenue and gain market share against competitors, according to CNBC, amid growing global competition.
OpenAI is preparing for a stock market debut by the end of the year and is strengthening its focus on the enterprise segment to increase revenue, amid growing competition in the artificial intelligence sector.
Miguel Relvas criticizes the government's lack of proactive measures to maintain economic competitiveness, proposing the implementation of non-habitual resident programs and Golden Visas to attract digital talent back to the country.
As companies seek new types of chips, the world's most valuable company is adjusting to a new phase.
Conservatism and lower investment capacity are driving a slower adoption of artificial intelligence in Portugal. This was one of the conclusions of the first 'Future in Action: Learning from Top Performers' meeting, promoted by NTT Data with Expresso as media partner, which took place this morning in Lisbon.
“Brazil is learning from Portugal,” says the president of Apex regarding the startup ecosystem.
Portugal and Spain have announced a joint bid to develop an AI gigafactory, with an investment of €8 billion, aiming to enhance their technological capabilities and position in the global innovation market. The project will establish infrastructure in both countries, with Sines in Portugal as a key location, and is part of a broader strategy to strengthen Southern Europe's role in AI development. This initiative reflects a significant political and economic collaboration between the two nations, focusing on equitable resource distribution and fostering a competitive edge in the digital economy.
ULS is investing 11 million euros in health units in Elvas, with construction of the new operating theatre at the Hospital de Santa Luzia starting on 2 March and expected to last around 4 months. During this time, surgeries will be conducted at the Hospital de Portalegre.
The Cuatrecasas Acelera programme celebrated its 10th edition with a Demo Day in Barcelona, where seven startups, including the winner Usawa Care, showcased their projects to a panel of experts. This event marked the conclusion of the programme, highlighting innovation and entrepreneurship in the startup ecosystem.
Portugal aspires to be a leader in innovation and technology, focusing on integrating AI in education and attracting foreign investment. However, the reality of its public services is starkly contrasting, with inefficiencies so severe that even basic tasks like paying taxes require prior appointments, highlighting a systemic failure that undermines its ambitions.
Portugal is seeking to enhance its appeal to Middle Eastern investors, particularly from Qatar, by shifting its marketing strategy beyond just its favorable climate. In Doha, representatives from Startup Portugal are engaging with local entrepreneurs to promote investment opportunities in the country.
Europe can only realise its AI ambitions by ramping up investment not just in compute and networks but in trusted, advanced connectivity. Success depends equally on policy — harmonised rules, interoperable standards, cross‑border data governance and targeted financing — alongside technology, infrastructure, skills and public‑private partnerships to accelerate deployment and adoption.
This article provides an analytical comparison of the digital landscapes in Spain and Portugal, emphasizing that Portugal offers a more favorable environment for digital growth and investment.
Launched at the end of June, the Mare Nostrum Global Equities fund — managed by Leonardo Mathias — has rapidly grown to €70m in assets under management, double its level six months earlier. The team credits a proprietary algorithm for the early traction and is targeting an ambitious €1bn AUM, signalling a clear growth and scale-up strategy. Key analytical angles include the fund’s early performance momentum, the scalability and robustness of its quantitative approach, fundraising and distribution challenges needed to reach €1bn, and the market and regulatory risks that could affect that trajectory.
The EU–India trade agreement creates a “rare opportunity” to expand Portuguese agri‑food exports, with olive oil singled out as the main beneficiary. The Federation of Portuguese Agri‑food Industries said there are “absolutely favourable conditions for olive oil exports” and described the pact as an unprecedented chance for the sector. To convert the opportunity into sustained growth, industry representatives stress the need for investment in production capacity, market development and compliance with buyer standards, while monitoring regulatory and logistical challenges that could affect competitiveness.
Luz Prime, a Rio de Janeiro–founded tech firm (2007), has expanded into Portugal with financial management software targeted at SMEs. The company describes the Portuguese tax environment as both a challenge and an opportunity, highlighting the demand for tools that automate finance tasks while ensuring local compliance. Its entry increases competition in the SME financial-tech market and underscores critical success factors: product localisation for Portuguese tax and accounting practices, competitive pricing for smaller firms, and partnerships with local advisers and integrators. Market uptake will hinge on how well Luz Prime adapts its offering to regulatory requirements and established local competitors.
Guimarães has been chosen as the site for the presentation of Portugal’s national space strategy, a symbolic starting point for mayor Ricardo Araújo’s plan to turn the municipality — home to the Guimarães Space Hub — into an Iberian leader in the aerospace sector. Local authorities are pursuing rehabilitation of facilities, investment and economic activation to attract industry, create jobs and build a skills pipeline. Realising that ambition will require sustained funding, coordination with national and international partners, and targeted policies to translate strategy into industrial growth rather than a one‑off showcase.
The article analyses a surge in national defence innovation driven by a €5.8 billion SAFE loan—the largest single investment in the Armed Forces—positioning defence as a strategic area for both European and national investors. Key growth areas include drones, satellites and aircraft, with emphasis on R&D, dual‑use technologies and strengthened aerospace supply chains that can create jobs and boost exports. The piece examines how procurement reform, public‑private partnerships and targeted skills development are needed to translate investment into sustained industrial capacity and economic impact. It concludes that coherent policy and sustained funding will be essential to maximise technological and economic returns.
Buenavista Equity Partners, an investor in Portuguese language-technology startup Unbabel, has filed a legal challenge to the sale that transferred control of the company to US firm TransPerfect. The fund lodged the action a few days before Christmas, according to public records on the Citius portal cited by ECO. The court filing formally disputes the transaction and brings the acquisition into the judicial realm, potentially affecting the deal's implementation.
After Portugal’s Tekever became a unicorn, 2026 looks set to remain a liquid year for investors despite geopolitical uncertainties that are reshaping financial markets. Venture capital will continue to favour AI startups, but a growing emphasis on dual‑use and defence‑adjacent technologies means investors will weigh strong commercial upside against ethical, regulatory and geopolitical risks. The year will therefore be defined by opportunities for tech and defence crossover, active deal‑making, and increased scrutiny from policymakers and funds alike.
