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Scala Data Centers and Rio Grande do Sul Government Sign Agreement for Largest Digital Infrastructure Project

Sep 11, 2024•almost 2 years ago

Contract Type

agreement

Rio Grande Do SulInformation TechnologyGovernmentData Center

Description

Scala Data Centers and the government of the Brazilian state of Rio Grande do Sul signed an agreement to enable the construction of the largest digital infrastructure project in South America, Scala AI City. This represents an initial investment of USD 500 million in the first phase alone, aiming to position Brazil as a central hub in the global Artificial Intelligence revolution and transform Rio Grande do Sul through the economic potential of digital infrastructure.

Company Information

Company

Scala Data Centers and Rio Grande do Sul Government

Location

Rio Grande Do Sul, Brazil

About

Scala Data Centers is the leading Latin American platform of sustainable data centers in the Hyperscale market. Rio Grande do Sul Government is responsible for the economic development of the Brazilian state of Rio Grande do Sul.

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Strategic

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.