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33 results for “technology”
Brazil Targets R$2 Trillion AI and Cloud Spending in Push to Modernize Tech Sector
Brazilian companies and the government plan to invest up to R$2 trillion ($391 billion USD) in digital transformation, primarily AI and cloud, by 2029.
Brazil Central Bank Says Global Pix Expansion Is a Governance Test, Not a Tech Hurdle
The Central Bank of Brazil is moving forward with plans for "Pix Internacional," stating that regulatory governance across borders, not technology, is the chief obstacle to the system's global adoption.
Brazilian Tech Firms Split on Wall Street: Fintech Lists as Education Exits NASDAQ
The Brazilian technology sector is showing a fractured approach to US markets, with PicPay launching an IPO while education companies delist.
Dutch-Owned iFood Commits Record R$24 Billion Investment to Boost AI and Fintech in Brazil
Food delivery giant iFood, owned by Dutch investment group Prosus, announced a R$24 billion investment in Brazil through March 2027, focusing on technology and its iFood Pago fintech arm.
Brazil’s Two-Front Regulatory War on US Big Tech Ratchets Up Political and Compliance Risk
Brazil is setting up a major regulatory clash with US technology giants through a new antitrust bill and a Supreme Court ruling on content liability.
Brazil and Angola Sign Agricultural Deal, Launching 20,000-Hectare Pilot Project in Africa
Brazil and Angola formally signed a Memorandum of Understanding to deepen agro-livestock cooperation, setting the stage for Brazilian private sector technology and investment in Angolan agriculture.
Brazil Commits R$23 Billion to National AI Plan, Anchoring Supercomputer in Northeast for Tech Sovereignty
Brazil is investing R$23 billion through 2028 in its national AI plan to develop domestic capacity and a sovereign cloud infrastructure.
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’s Farm Sector Adopts AI and Cloud to Overcome Rural Connectivity Gaps
Brazil's vast agribusiness sector, known as Agro 4.0, is leveraging specialized AI and cloud technology to process data offline and meet rising global demand for sustainability and traceability.
Brazilian Technology to Power Core Component of World’s Largest Telescope in Chile
Brazil's National Astrophysics Laboratory and USP are developing a crucial Instrument Core Subsystem for the 39-meter Extremely Large Telescope, cementing the country's role in global astronomy projects.
Foreign Direct Investment in Brazil Hits Record Highs as Global Tech Titans Commit Billions to AI and Cloud Infrastructure
Brazil's $77.6 billion FDI in 2025, driven by major tech investments, signals long-term international confidence.
Brazil Central Bank Toughens PIX Fraud Rules, Delays Automatic Payment Launch to June 2025
Brazil's Central Bank (BCB) has extended the window to contest PIX fraud to 80 days while delaying the launch of 'Pix Automático' to June 2025.
New Brazilian Consumption Tax May Quadruple Rate for Tech Services
Brazil’s tax reform, replacing five taxes with a new dual-VAT model (CBS/IBS), will substantially increase the tax rate on technology and software services.
Brazil Chamber Approves Generous AI Tax Credit Paired With Five-Year Local IP Mandate
Brazilian Chamber commission approves a major AI R&D tax credit, but mandates that the resulting intellectual property must stay in Brazil for five years.
Israeli AI Unicorn Wonderful Secures $550 Million, Eyes 100 New Jobs in Brazil Expansion
Enterprise AI firm Wonderful's $550M raise at a $5B valuation validates Brazil's B2B tech sector as a magnet for global capital and cutting-edge technology.
Brazil Joins China-Led AI Bloc While Pushing R$23 Billion Plan for Digital Sovereignty
Brazil commits to a new 29-nation AI governance body and a R$23 billion plan to build sovereign computing power.
Brazil Court Ruling Suspends Stricter Penalties for Clandestine Transport, Creating Regulatory Vacuum
A Federal Justice injunction has temporarily suspended new, tougher ANTT penalties for platform-based transport operators in Brazil.
Brazilian Fintech Inter & Co Stock Rises on Payments Technology Partnership with ACI Worldwide
Inter & Co, the Brazilian digital bank, saw its Nasdaq-listed stock climb after announcing a payments tech overhaul for its merchant unit.
Proposed Brazil Bill Seeks Permanent Ban on Privatization of Public IT Companies
A new bill in Brazil's Congress aims to block the sale of state-controlled IT firms, framing data services as an issue of national security.
OAS Deploys Mission to Monitor Brazil’s High-Stakes General Elections
Organization of American States launches its fifth Electoral Observation Mission to scrutinize Brazil's election integrity and technology.
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.
China’s Drive for Food Self-Sufficiency Puts $60 Billion in Brazil Agro Exports at Risk
Beijing's new 5-year plan to reduce import reliance on soybeans and meat poses a structural challenge to Brazil's largest export market.
Brazilian Tech Firm LWSA Pairs New Dividend with Fifth Share Buyback Program
Locaweb Serviços de Internet, a major Brazilian tech firm, announced a R$23.4M dividend and a new 50 million share buyback.
Brazil’s Nubank Hits $1.06 Billion Quarterly Profit as Customer Base Soars to 139 Million
Latin America’s largest digital bank, Nubank, posted a record profit and 33% ROE, validating its high-scale technology model.
OpenAI-Backed Study Projects R$987 Billion AI Boost to Brazil's GDP by 2030
A study commissioned by OpenAI forecasts that AI adoption will add R$986.7 billion, or 7.6% of estimated 2026 GDP, to the Brazilian economy between 2027 and 2030.
Brazil’s First Amazon AI Data Center Faces Regulatory Halt Over 'Heat Island' ESG Risk
The R$250M Elea Data Centers BEL1 project in Belém is subject to an MPPA civil inquiry, citing environmental risks and potential local heat spikes.
BNDES Commits R$120.1 Million in Non-Equity Funding for Tractian Robotics R&D
Brazil's national development bank BNDES is deploying R$120.1 million in non-dilutive capital to fund industrial tech firm Tractian's AI-powered robotics project, signaling a strategic government push for deep technology amid a selective VC market.
Brazil’s Dual-VAT Reform Triggers Hard-Stop Operational Risk for Companies
Brazilian companies must now include test IBS/CBS on e-invoices; failure means automatic rejection, forcing immediate ERP system updates.
Brazil's CVM Launches Dedicated FinTech Division to Regulate AI and Asset Tokenization
Brazilian Securities regulator CVM established a new Division of Financial Technology (Ditec) to create formal guidelines for AI and asset tokenization, a major step toward regulatory clarity.
Mercado Livre-Backed COR Raises $30M, Names Brazil as Principal Market for AI-Driven SaaS Expansion
Argentine B2B SaaS firm COR secured a $30 million investment from FTV Capital to accelerate its AI-powered platform's expansion into the Brazilian enterprise software market.