Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Desjardins Investments launches three new mutual funds
    • Global ESG Mutual Fund and ETF Funds Register Outflows in Q3 2025 Against a Complex Geopolitical Backdrop
    • Samsung, Hyundai announce investments
    • The C-Suite Blind Spot Undermining Your AI Investments
    • India’s Mutual Funds doubled down on this auto ancillary stock in October
    • How To Protect Your Portfolio With Crash-Proof ETFs
    • This mutual fund has turned ₹10,000 SIP into ₹25 lakh in 11 years
    • Robust growth expected in secondary market for private funds and assets
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»TikTok & OpenAI: Billion-Dollar Investments in Data Centers in South America
    Investments

    TikTok & OpenAI: Billion-Dollar Investments in Data Centers in South America

    October 14, 2025


    The plans to build a TikTok data center in Brazil are taking shape. Construction work is scheduled to begin in the northeastern state of Ceará in the first half of 2026. The investment is said to be around 50 billion reais (7.8 billion euros). “In six months, we will actually start construction work for TikTok’s data center. 50 billion reais will be invested in Ceará, underscoring Brazil’s potential for such investments,” Brazil’s Minister of Mines and Energy Alexandre Silveira is quoted as saying in Brazilian media.

    Considerations by ByteDance, TikTok’s Chinese parent company, about a planned investment in data centers in Brazil became known in April. Brazil is trying with tax incentives for data center investments to strengthen its digital infrastructure, thereby creating more favorable conditions for innovation and significantly boosting private investment in the country.

    Brazil Positions Itself as a Location for Data Centers

    TikTok’s 300-megawatt data center is planned for the Pecém port complex in Ceará as a joint initiative between ByteDance and Brazil’s leading renewable energy producer, wind farm developer Casa dos Ventos. The Brazilian company has already received two permits in May that were necessary for the construction of the data center at this location. The project is set to utilize the abundant wind energy on Brazil’s northeast coast. Countries around the world are striving to meet the increasing energy demands of data centers, driven by the boom in artificial intelligence (AI) and cloud computing. Minister of Energy Silveira stated that his country has sufficient infrastructure and clean, renewable energy to attract data center investments.

    The project is unfolding against a backdrop of increasing regulatory pressure on TikTok in the United States and European Union countries, which question the storage and use of data by Chinese companies. With the billion-dollar investment, Brazil will become one of the key locations for ByteDance’s activities in South America. The data center in Pecém is expected not only to serve the Brazilian market but also to serve as a base for TikTok’s operations in other Latin American countries.

    First Stargate Project in Latin America

    Similar to Brazil, its neighbor Argentina is also trying to establish itself as a location for data centers. At the end of last week, it became known that ChatGPT developer OpenAI and the Argentine energy company Sur Energy have signed a letter of intent for a data center project in Patagonia, in southern Argentina. The initiative, under the name “Stargate Argentina,” involves an investment of 25 billion US dollars (21.6 billion euros) aimed at improving AI infrastructure in Latin America, as announced by the government in Buenos Aires. The data center is intended to have a capacity of up to 500 megawatts and will utilize renewable energy sources. Upon completion, it would be “one of the largest technology and energy infrastructure initiatives” in the country’s history, according to the announcement.

    “We are proud to announce plans to launch Stargate Argentina, an exciting new infrastructure project in collaboration with one of the country’s leading energy companies, Sur Energy,” quotes OpenAI CEO Sam Altman, according to the news agency Reuters. According to Altman, the billion-dollar investment is the first Stargate project in Latin America. As part of the multi-billion dollar “Stargate Project” joint venture, OpenAI, together with partners such as Oracle and Softbank, plans to invest 500 billion US dollars in new data centers for artificial intelligence in the coming years.


    (akn)

    Don’t miss any news – follow us on
    Facebook,
    LinkedIn or
    Mastodon.

    This article was originally published in

    German.

    It was translated with technical assistance and editorially reviewed before publication.



    Dieser Link ist leider nicht mehr gültig.

    Links zu verschenkten Artikeln werden ungültig,
    wenn diese älter als 7 Tage sind oder zu oft aufgerufen wurden.


    Sie benötigen ein heise+ Paket, um diesen Artikel zu lesen. Jetzt eine Woche unverbindlich testen – ohne Verpflichtung!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Samsung, Hyundai announce investments

    November 17, 2025

    The C-Suite Blind Spot Undermining Your AI Investments

    November 17, 2025

    Samsung and other South Korean firms pledge larger domestic investments after U.S. tariff deal

    November 16, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Samsung, Hyundai announce investments

    November 17, 2025
    Don't Miss

    Desjardins Investments launches three new mutual funds

    November 17, 2025

    MONTREAL, Nov. 17, 2025 /CNW/ – Desjardins Investments Inc., the manager of Desjardins Funds, is…

    Global ESG Mutual Fund and ETF Funds Register Outflows in Q3 2025 Against a Complex Geopolitical Backdrop

    November 17, 2025

    Samsung, Hyundai announce investments

    November 17, 2025

    The C-Suite Blind Spot Undermining Your AI Investments

    November 17, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Budget will be ‘pivotal’ for property market

    October 20, 2025

    Bitcoin ETFs Hit With $278 Outflows Amid Trump-Musk Feud

    June 6, 2025

    Citywire Selector | Chart of the week: Has Article 9 lost its lustre? (except with green bonds)

    July 28, 2024
    Our Picks

    Desjardins Investments launches three new mutual funds

    November 17, 2025

    Global ESG Mutual Fund and ETF Funds Register Outflows in Q3 2025 Against a Complex Geopolitical Backdrop

    November 17, 2025

    Samsung, Hyundai announce investments

    November 17, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.