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๐Ÿ‡ต๐Ÿ‡พ Paraguay /Economy & Trade

Milei Meets Executives from Tesla and DayOne Data in Argentina

From ABC Color · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Official statement Ongoing story
  • Argentine President Javier Milei met executives from Tesla and DayOne Data at the government headquarters in Buenos Aires.
  • The meetings came as Tesla advances plans to enter Argentinaโ€™s market and as Milei promotes investment in artificial intelligence and data centers.
  • Argentinaโ€™s Congress is debating an incentive regime for the sector and a bill recognizing legal personhood for companies managed by AI.

Javier Milei met executives from Tesla and DayOne Data in Buenos Aires as Argentina seeks to attract investment in electric vehicles, artificial intelligence and data centers.

At the government headquarters, the Argentine president received Tesla executives David Feinstein, Karen Steakley and David Feinstein, identified in the report as the companyโ€™s finance, global trade and markets, public policy and business development, and new markets representatives. The meeting took place while Tesla moves forward with a plan to enter the Argentine market.

Milei held a separate meeting with DayOne Data representatives William Huang, Jamie Khoo and Alejandro Aguzin, along with Joaquรญn Rodrรญguez Torres, an investor at AI-focused Pinceville Capital. DayOne Data develops and operates digital infrastructure for artificial intelligence and cloud computing services.

The company is currently based in Singapore and was founded in 2022 as an international subsidiary of Chinese firm GDS Holding. Milei is seeking to encourage investment in AI and data centers through a new incentive regime under debate in Parliament. His government is also promoting a bill that would recognize legal personhood for companies managed by artificial intelligence.

About this summary

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.