Photo: Anderson Peres, Pexels

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. worldviewadvisory.com+2 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. worldviewadvisory.com+2 He has promoted Argentina's abundant energy and extensive, inhospitable land as suited to a rapid AI buildout, including in Patagonia. worldviewadvisory.com+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. worldviewadvisory.com+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. worldviewadvisory.com+1 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. worldviewadvisory.com+1 Polish company Green Capital plans a $3 billion data centre in Patagonia. worldviewadvisory.com

What comes next

The tax cut for AI projects has passed the lower house and awaits the Senate. worldviewadvisory.com+1

Sources

  1. worldviewadvisory.comMilei pitches Argentina as a data centre hub for US tech firms (opens in a new tab)
  2. mlq.aiMilei courts US tech companies for Patagonia data centers, but OpenAI calls itself only a 'potential offtaker' (opens in a new tab)
  3. nakoda.aiMilei Courts US Data Centre Builders to Patagonia With Tax Cuts and No AI Rules (opens in a new tab)
  4. The World of AIPresident Milei proposes cutting tax on AI projects to… |… (opens in a new tab)

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