ByteDance’s TikTok will invest more than 200 billion reais (US$37.7 billion) to build a data centre in Brazil, marking its first project in Latin America.
TikTok would partner with data centre developer Omnia and Casa dos Ventos, one of Brazil’s leading renewable energy providers, in a data centre in the northeastern state of Ceara, Monica Guise, head of public policy at TikTok Brazil, said on Wednesday.
The project, which would be developed near the industrial port of Pecém, would fully rely on clean energy from wind energy parks, she added.
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“This is a historic investment for the company in Brazil,” Guise said at an event in Ceará with President Luiz Inacio Lula da Silva. “It’s a key step that reflects the company’s commitment to Brazil, one of the most dynamic digital markets in the world.”
Brazil is considered the best-positioned country in the region to tap into the global boom in data-centre investing to power artificial intelligence because it has numerous sources of renewable energy, an interconnected national grid and the most high-speed fibre optic cables in the region.
In a broader context, China is by far Brazil’s No 1 trading partner and is seeking to expand economic and political ties across the region amid tensions with the US arising from President Donald Trump’s trade and tariff policies.
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