Brazil: The Next Frontier For AI Data Centers [Forbes]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Forbes
Throughout my career, I've witnessed numerous technological shifts, but none as transformative as the current artificial intelligence (AI) revolution. The demand for AI-ready infrastructure is skyrocketing, and with it comes the critical need for strategic locations to host these facilities—with Brazil poised to become a global hub for AI data centers. The Booming Brazilian Tech Ecosystem Brazil's tech sector is experiencing unprecedented growth, creating a fertile environment for AI innovation. Latin America's IT industry continues to grow, attracting substantial investment. Venture capital flowing into Brazilian startups reached $2.8 billion in 2023 , increasing 35% from 2022. In the 2023 Global Innovation Index (GII), which ranks the world's most innovative economies based on 80 different social and economic factors, Brazil climbed five positions to rank 49th globally and first in Latin America. This improvement reflects the country's increasing R&D expenditure, which reac
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Sec Filings
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