Technology

Milei pitches Argentina as hands-off destination for AI data centers

Milei says Argentina will not regulate AI, while a $3 billion Patagonia data center plan lacks a customer and a tax cut awaits Senate approval.

Published Nov 2, 2026 · 15:45 UTC2 reports

The short version

Milei is pitching Argentina as a regulation-free haven for AI data centers to attract foreign investment.[ABC News · Associated Press]
Milei said in Washington that Argentina will not regulate artificial intelligence.[Associated Press]
Green Capital plans a $3 billion Patagonia data center for big tech firms but has not yet secured a customer, and construction is not expected until around 2028.[ABC News · Associated Press]
A proposed tax cut to 15% from 25% for large AI and emerging-industry projects awaits Senate approval.[ABC News · Associated Press]

Milei is pitching Argentina as a regulation-free haven for AI data centers to attract foreign investment.[ABC News · Associated Press]
Milei said Argentina is not going to regulate artificial intelligence.[Associated Press]
Green Capital, a Polish renewable energy company, plans to build a $3 billion data center in Patagonia to lease to big tech firms for AI computing.[Associated Press]
The incentive scheme would cut the corporate income tax rate to 15% from 25% for projects of at least $1 billion in AI and other emerging industries.[ABC News · Associated Press]
The tax incentive measure is awaiting Senate approval.[ABC News · Associated Press]
Construction for Green Capital's planned Patagonia data center is not expected to begin until around 2028.[ABC News · Associated Press]

Green Capital's planned $3 billion data center has not yet secured a customer.[Associated Press]
The tax incentive has not been approved and remains awaiting Senate action.[ABC News · Associated Press]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.