This is a most wonderfully HN-ish of comments.
Someone mentions a mammoth infrastructure project, that's doubtless involved many hundreds of person-years of effort to realise, and with the scale and money involved everything from the business case through to the final engineering proposals would have been reviewed, vetted, considered, analysed, checked, and audited dozens of times over.
The reactive response is - why didn't they do something totally different?
FWIW, absent any research, my responses to that question included scale (it's huge, but still a much shorter distance), they could skirt the coast, so they wouldn't have to contend with a famously deep trench in the middle of the Atlantic, they'd probably been at this for some years and the USA leadership <sic> has been famously against renewables for 4 of the last 5 years.
With a few minutes research, I now know xlinks is a British start-up - so they'd probably not be interested to just be a deal broker for renewables between Morocco and the USA. A straight-line (routing around Iberia) path according to google from Morroco to Cornwall is ~ 2350km - so if they're citing a 3800km path it looks like they're staying close to the coast (as I expected). Morroco to the USA is ~6,000km (as the sardine swims) so even a direct route path would be twice the everything.
I can't find definitive answers about power cables over ocean trenches, but it looks like the (predominantly comms) cables that go that way are tiny - several cm diameter at most - and relatively lightweight. I'd guess they're a tested tech in those environments, have lots of existing redundancy, and are (relatively) inexpensive to re-run if they break.
In contrast, these 4 x power transmission cables are 150kg / metre, and no one has any long-distance experience with them. They'll be extremely expensive and time-consuming to repair or replace, and a failure of one of them will cause protracted, huge disruptions.