Energy, Data and Industry: the USD 12 Billion Project that Seeks to Position Paraguay in AI
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"In the past, Paraguay has been an importer of data from the United States and Brazil, and now we want to use our energy sovereignty to process information for the whole world," said Alejandro Zucolillo, co-founder of Araico Corporation, a mega-project for a data center. The company announced that the National Electricity Administration will be $45 per MWh for the [...] The post Paraguay is to become one of the world's leading data processing ce…
The availability of electricity is at the heart of the Iguasú AI City project, promoted by Araico Corporation to install in Yguazú, Alto Paraná, a data processing industry and computing capacity for artificial intelligence. The initiative contemplates a total investment of USD 12 billion in three stages and seeks to convert part of Paraguayan energy into processing capacity to serve international markets. In an interview with MarketData, Alejand…
Paraguay seeks to make a leap in its productive matrix from artificial intelligence. The company Araico plans to invest USD 11,3 billion in three years to develop Iguazú AI City, a technological infrastructure complex that is built in Colonia Yguazú, department of Alto Paraná, and that aims to transform the country into a [...]
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