Chinese Alibaba debuts in Brazil with two data centers targeting the 'AI boom'
oglobo27 August 2026 at 12:42
Chinese Alibaba Cloud announced on Thursday (27th) its arrival in the Brazilian market with the opening of two data centers, representing a significant investment within its $53 billion international expansion project. The company seeks to capitalize on the "AI boom" in Brazil, offering secure and resilient cloud infrastructure, as well as its AI+Cloud portfolio. The general manager for the Latin America region, Allen Guo, stated that Brazil is one of the most dynamic digital economies in the world and a central market for Alibaba Cloud's expansion in Latin America, connecting Brazilian companies to Asia and its global network.
Portuguese airports recorded a 2.5% increase in passenger numbers through July, with July showing growth of 2.1%. This positive performance contrasts with the declines seen in other countries, such as the United States (-9.9%), Cambodia (-9.5%) and Japan (-5.8%), according to Vinci data.
Meo saw its revenues grow 0.3% to 1.297 million euros in the first half, although in the second quarter it recorded a drop in billing of 4.6% to 648 million euros, reflecting competitive pressure in the consumer segment, offset by the expansion of the energy and business services business. The company highlighted the completion of the sale of 65% of Intelcia and the Covilhã Data Center as part of its portfolio optimization strategy. CEO Ana Figueiredo highlighted the company's "resilience" in a challenging period for the telecommunications sector.
Capital market rules are being changed again to adapt to new European directives and simplify investment. The new minimum threshold is set at 12 million euros, a significant increase compared to the eight million currently in force, representing an important change in the regulatory framework of the sector.
The CEO of Meo, Ana Figueiredo, states that the second quarter results confirm the company's resilience during one of the most challenging periods the telecommunications sector is experiencing.
