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11 results for “digital infrastructure”

Tech Giants Face Delays as Brazil Election Freezes AI Tax Breaks
Brazil's REDATA program, designed to suspend federal taxes on data center equipment, is stalled in the presidential Chief of Staff's office due to political sensitivities.

Why your emerging market fund is lagging behind the S&P 500 today
A historic labor vote and election-year shifts in Brazil are reshaping corporate costs and digital infrastructure, directly impacting major international index funds.

Italian State-Owned Poste Italiane Gains Indirect Control of TIM Brasil
Italy's postal service secured a 66.6% stake in Telecom Italia, making it the indirect controller of the Brazilian mobile giant, returning the company to a form of state ownership.

Brazil Enacts R$5.2 Billion Tax Break to Attract AI and Cloud Data Centers
New 'REDATA' law suspends federal taxes on imported IT equipment to spur digital infrastructure and reduce the 'Brazil cost.'

Brazil Sanctions Tax Incentives for Data Centers, Tying Benefits to Renewable Energy and AI Investment
President Lula sanctioned Law 15.504, creating Redata, which suspends federal taxes on data center equipment but imposes strict sustainability and R&D requirements.

Lula Sanctions Redata Tax Break, Luring Billions to Brazil's Digital Infrastructure
President Luiz Inácio Lula da Silva enacted a new tax regime to incentivize international investment in Brazil's rapidly expanding data center sector.

Brazil passes Redata tax exemption to spark AI data center boom
Brazil's Senate has approved the Redata bill, slashing import and manufacturing duties to position the country as Latin America's primary green AI hub.

US$20 Billion Bet on Brazil: Global Capital Floods Latin America's New AI Data Center Hub
Massive foreign investment driven by AI demand is establishing Brazil as Latin America's primary digital infrastructure hub.

Flávio Bolsonaro’s Presidential Platform Promises Tech Hub Status, Regulatory Overhaul
Brazil's main opposition candidate Flávio Bolsonaro released a platform focused on digital infrastructure, a 'global data center' push, and a widespread regulatory revamp.

Brazil’s Amazon Region to Host First AI Data Center, Powered by 100% Renewable Energy
Energy giant Axia Energia partners with Elea Data Centers to build a major, green-powered digital hub in Belém, Pará, boosting connectivity in Brazil's North region.

Qualcomm Targets Brazil as AI Infrastructure Hub, Pivoting to Edge Computing Solutions
Qualcomm is strategically expanding its AI and edge computing footprint in Brazil to serve new regions, bolstering digital infrastructure.