Lula signs Brazil REDATA law boosting data centers

fortune.com2 min read

As communities in the U.S. push back against data center construction, Brazil is emerging as a potential release valve due to cheaper electricity and renewable energy surpluses. President Luiz Inácio Lula da Silva recently signed the REDATA law to cut import taxes on data center equipment, aiming to boost local AI infrastructure and data sovereignty, though the expansion also faces local resistance and transmission grid challenges. Open article →