Leonardo DiCaprio attends the premiere of the film “As soon as Upon A Time In Hollywood” all the way through the 72nd Cannes Movie Competition.
Credit score: Shutterstock, Andrea Raffin
Leonardo DiCaprio is making an investment closely in Spain’s tech long term because the Eu Fee approves an €81 million grant for his diamond-making manufacturing unit in Spain.
Megastar-backed manufacturing unit in Spain lands €81m spice up.
Hollywood superstar Leonardo DiCaprio is sprucing up Spain’s tech long term because the Eu Fee provides the fairway gentle to an €81 million grant for his diamond-making mission in rural Extremadura.
The Wolf of Wall Side road actor has extra not too long ago landed a starring function in Diamond Foundry Europe, a state-of-the-art corporate set to supply artificial diamonds within the sleepy Spanish the city of Trujillo (inhabitants: 8,605). DiCaprio in my view poured $6.54 million into the company, along different heavyweight buyers together with Huge Ventures, Constancy, and tech magnate Mark Pincus, former CEO of Zynga.
Bling bling for semiconductors
Those aren’t your same old rocks for popping the query – the manufacturing unit will churn out wafer-thin artificial diamonds designed for the semiconductor business. Observed as the very best choice to silicon, the techy ‘bling bling’ is an important for power-hungry 5G networks and electrical cars round Spain and the remainder of Europe.
The state of the art plant comes with a hefty price ticket even though, with overall funding hovering to a groovy €675 million. Nevertheless it’s now not with regards to sparkle – the manufacturing unit guarantees to ‘shine brilliant’ like a inexperienced diamond. Set to be carbon impartial, it is going to run on 100% renewable power sourced from its very personal sun plant.
Jobs galore in Extremadura
Trujillo’s job-seekers may have one thing to cheer about, with the undertaking anticipated to create round 300 jobs, each at once and not directly. That’s extra jobs than you’d to find on a DiCaprio movie set.
Coming quickly to a manufacturing unit close to you
Building is already in complete swing, with the works anticipated to wrap up this spring. If all is going to plot, the manufacturing line will get started exams in autumn, and by way of mid-2025, the manufacturing unit can be firing on all cylinders. Who is aware of? DiCaprio would possibly even pay us a discuss with right here in Spain for an inspection.
EU money controversy
The €81 million EU-backed grant is observed as a glittering endorsement of the undertaking, however some critics have raised eyebrows over Spain’s govt injecting billions into different ventures, together with a brand new public housing company. However EU conspiracy theories apart, DiCaprio’s diamonds are set to position Trujillo firmly at the map.
Spain’s message to the arena? It’s now not simply bullfighting and seashores – it’s high-tech diamonds too.
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