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Milei Advisor Plans $1B AI City in Uruguay, First Residents by 2027

Eduardo Bastitta, head of the Praxis network and an advisor to Argentine President Milei, announced a $1 billion investment to build an AI-focused city in Uruguay, with first residents expected in 2027. The project, funded by Praxis members, marks a notable cross-border tech investment in the region. Details on location and scope remain unclear, and the timeline is ambitious.

Clarínabout 6 hours agoUY, ARCredibility 36%View source

Score Breakdown

Mosaic Score4.7
Confidence0.3
Significance0.5
Source credibility0.4

Intelligence Tags

#ai#investment#urban-development#uruguay#praxis

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