Argentina courts AI data centres with no regulation and tax breaks

What happened: Argentina's president Javier Milei is courting AI data centre investment in Patagonia with promises of no AI regulation and tax breaks, though the Senate has yet to approve the incentive scheme. Key numbers: Proposed cut would lower corporate income tax to 15% from 25% for projects of at least $1 billion. Why it matters: Companies are waiting for Argentina to settle rules on training AI with copyrighted works and sending personal data abroad, while critics warn deployment without safeguards makes Argentina a testing ground.

Argentina's president Javier Milei is courting AI data centre investment in Patagonia with promises of no AI regulation and tax breaks, though the Senate has yet to approve the incentive scheme.

Companies are waiting for Argentina to settle rules on training AI with copyrighted works and sending personal data abroad, while critics warn deployment without safeguards makes Argentina a testing ground.