This post was originally published on Data Center Knowledge
ByteDance’s TikTok will invest more than $37.7 billion to build a data center in Brazil, marking its first project in Latin America.
TikTok will partner with data center developer Omnia and Casa dos Ventos, one of Brazil’s leading renewable energy providers, in a data center in the northeastern state of Ceara, Monica Guise, head of public policy at TikTok Brazil, said Wednesday. The project, which will be developed near the industrial port of Pecém, will fully rely on clean energy from wind energy parks, she added.
“This is a historic investment for the company in Brazil,” Guise said at an event in Ceará with President Luiz Inacio Lula da Silva. “It’s a key step that reflects the company’s commitment with Brazil, one of the most dynamic digital markets in the world.”
Brazil is considered the best-positioned country in the region to tap into the global boom in data center investing to power AI because it has numerous sources of renewable energy, an interconnected national grid, and the most high-speed fiber optic cables in the region. In a broader context, China is by far Brazil’s number one trading partner and is seeking to expand economic and political ties across the region amid tensions with
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