Photo: The Rio TimesPhoto: The Rio TimesArgentina
Milei pitches Argentina as a data centre hub for US tech firms
Argentina is offering a proposed corporate tax cut and light AI rules to attract US data centre investment, a bid that matters for energy and infrastructure planning.
What happened
Argentine President Javier Milei is pitching Argentina as a regulation-free AI hub for US technology companies facing resistance to data centres at home. nakoda.ai+1 Milei has proposed cutting the corporate tax rate from 25% to 15% for AI and other promising sector projects with investment of at least $1 billion. ua.news+1 He has touted Argentina's abundant energy and extensive, inhospitable land as suited to a rapid AI buildout, including in Patagonia. nakoda.ai+2 An energy executive planning an AI power facility in rural Argentina said he has been flooded with calls from US investors and clients since the midterm elections, in which voters rejected data centre construction. nakoda.ai+2
Around it
Argentina has less than 40 MW of data centre capacity, compared with about 400 MW in Chile, according to the Financial Times. mlq.ai OpenAI told the Financial Times it is only a potential offtaker for the 500 MW Stargate Argentina data centre announced in October 2025, depending on Sur Energy building it. mlq.ai Polish company Green Capital plans a $3 billion data centre in Patagonia. ua.news
What comes next
The tax cut for AI projects has passed the lower house and awaits a vote in the Senate. mlq.ai
Sources
- nakoda.aiMilei Courts US Data Centre Builders to Patagonia With Tax Cuts and No AI Rules (opens in a new tab)
- semafor.comMilei plots data center buildout in Patagonia (opens in a new tab)
- ua.newsMilei proposes 15% tax for AI projects (opens in a new tab)
- mlq.aiMilei courts US tech companies for Patagonia data centers, but OpenAI calls itself only a 'potential offtaker' (opens in a new tab)
More from Argentina
- Photo: The Rio Times
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