The power of water is awesome. Paraguay and Brazil harnessed the power of the mighty Paraná River at the Itaipú Dam, one of the world’s engineering marvels. This project was only a dream when I lived in Paraguay as a boy in the 1970s, and it was a true joy to visit the completed project now as US Deputy Secretary of State.
And it was even better to visit with Paraguayan President @SantiPenap to announce that US investors have signed a deal to build a data center nearby drawing on the abundant hydroelectric energy. This deal has the potential to be the largest foreign private investment in Paraguay’s history and thus to deepen the longstanding ties between our countries. 🇺🇸🤝🇵🇾
The largest AI Factory of the Southern Cone is starting to take shape!
@Araico_AI announces its partnership with @CrusoeAI to build AI infrastructure in Paraguay,powered by @itaipuparaguay one of the most powerful hydro dams on the planet 14 GW
@DeputySecState@SantiPenap 🇺🇸🇵🇾🦾