Latin America

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Revolut gets its Colombian banking licence, its sixth worldwide

Revolut has received its licence to operate from Colombia’s financial regulator, the Superintendencia Financiera de Colombia (SFC). The company said the licence is the last regulatory step it needs before it launches in the country. Revolut announced the approval on 15 September. The licence allows it to operate as a regulated bank in Colombia. Around […]

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Tech companies are scouting Argentine Patagonia for AI data centres, Reuters reports

A stretch of Argentina that mostly exports wind, gas and sheep is being pitched to the companies building AI infrastructure, and some of them are listening. Developers and energy firms are courting hyperscalers for data centre projects across Patagonia and the surrounding provinces, Reuters reported, with initial agreements targeted by the end of this year […]

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Brazil is defining what a deepfake is, five weeks before it votes

Brazil votes on October 4, and its electoral court spent Tuesday working through a question that many regulators are still struggling to answer: what exactly counts as a deepfake? The Tribunal Superior Eleitoral was expected to rule on broader restrictions for AI-generated campaign material, Reuters reported. The proposed rules go beyond simply banning deceptive deepfakes. […]

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Brazil sues Discord for R$500M and wants an office in the country

Brazil’s federal government has sued Discord for R$500M, about $97M, over what it describes as severe gaps in the platform’s age verification and user safety protections. It lands three days after Discord appealed against the data protection authority’s order suspending its livestreaming feature, arguing that only a court can suspend a service, and amid a wider […]

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Brazil is building two AI supercomputers, one Chinese and one American

Brazil is spending 2.3bn reais, about $444m, on two AI supercomputers. One will be built with Huawei, the other is expected to go to Nvidia, and that is the entire point. “The strategy is not to depend on a single company, technology or country,” the Lula government said in setting out the plan, which is […]

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Argentina’s AI-run companies plan still can’t do without humans

Argentina’s government wants to let a company trade with no person in charge of it, and it has sent Congress a bill to make that legal. The proposal creates a new category called the non-human corporation, an entity run by AI agents or robots that can sign contracts and hold assets on its own, with […]

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Google earthquake alerts warned 11.4M before Venezuela’s quakes

Venezuela has no national earthquake warning system. Yet moments before two huge quakes hit on Wednesday, millions of phones lit up. Google earthquake alerts reached 11.4 million people, the company says, buying some of them up to two minutes to act. The warnings came from Google’s Earthquake Alerts system, which turns ordinary Android phones into […]

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Chile’s Atacama desert is becoming the world’s biggest battery farm

ContourGlobal, the independent power producer backed by KKR, has inaugurated a nearly $500 million solar-and-storage facility in Chile’s Atacama desert that stores daytime solar energy and delivers it after sundown. The Victor Jara hybrid plant combines 231 megawatt-peak of photovoltaic capacity with 1.3 gigawatt-hours of battery storage, capable of delivering 200 megawatts of power for […]

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