Article

Data center companies in Brazil are advocating for the approval of the Special Tax Regime for Data Center Services (ReData) to enhance investments in artificial intelligence (AI). Introduced in September 2023, the measure offers five years of federal tax exemptions on IT equipment imports, contingent on environmental goals and local processing capacity, and requires congressional approval by the end of February to remain valid. Companies like Elea plan significant investments, highlighting Brazil's advantages such as low water consumption for cooling and geopolitical stability to attract AI projects.