US makes mega-deals with Itaipu energy for AI and uranium – but in Paraguay
The US Deputy Secretary of State, Christopher Landau, was at Itaipu yesterday and announced agreements for a huge artificial intelligence infrastructure project and for uranium exploration. All in Paraguay.
US Deputy Secretary of State Christopher Landau visited Paraguay's Itaipu hydroelectric dam, announcing deals for a major artificial intelligence infrastructure project and uranium exploration. The AI project, involving US firm Crusoe and Paraguayan company Araico, is expected to start operating in mid-2027, offering cloud services to US and Latin American consumers.
American company Uranium Energy Corp will invest $12 million to develop uranium concessions in Paraguay. The visit aimed to open opportunities for US companies in technology, critical minerals, and logistics.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
