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Brazil Data Center Market Growth Opportunities Report 2023-2029: Coverage of 68 Existing Facilities, 21 Upcoming Facilities and 9 States – Sao Paulo is the Premier Hub for Investments

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DUBLIN, Feb. 28, 2024 /PRNewswire/ — The “Brazil Data Center Market – Investment Analysis & Growth Opportunities” report has been added to  ResearchAndMarkets.com’s offering.

The Brazil data center market was valued at USD 3.11 Billion in 2023 and is expected to reach a value of $4.72 billion by 2029, growing at a CAGR of 7.16% 

This report analyses Brazil’s data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.

In Brazil data center market, Sao Paulo is the premier hub for investments in the country, driven by substantial contributions from industry leaders such as Microsoft, Huawei, Cirion Technologies, Ascenty, Scala Data Centers, CloudHQ, and Elea Digital. Brazil stands out with 15 existing undersea cables that connect Brazil to other Latin American countries, Portugal, Cameroon, Angola, and the US. The Brazil data center market is witnessing the deployment of an upcoming submarine cable, the Firmina submarine cable, by Google, connecting Brazil with Argentina, Uruguay, and the US.

Major telecom companies such as TIM Brasil, V.tal, Vivo (Telefonica Brazil), Carlo Brazil, Algar Telecom, Brisanet Telecommunications, and Sercomtel are involved in the commercial deployment of 5G services across Brazil. For instance, in February 2023, Cisco Systems and V.tal signed a partnership to enhance Brazil’s neutral multi-tenant fiber optic network capacity and expand the 5G service network connectivity and internet.

Brazil aims to augment its power generation by 10 GW in 2023, with 90% sourced from wind and solar energy, per the National Electric Energy Agency (ANEEL). EDP Energias, TotalEnergies, Engie Brasil Energia, Atlas Renewable Energy, and AES Brasil are some of the major renewable energy companies in Brazil that are involved in various investments in renewable energy plants, PPAs, etc.,

Brazil is developing both Free Trade Zones (FTZs) and Export Processing Zones (EPZs). It currently has 16 EPZs across 15 states. FTZs include the Manaus FTZ, the Macapa FTZ, and the Tabatinga FTZ, among others.

VENDOR LANDSCAPE

In Brazil, data center providers Ascenty, Angola Cables, Ava Telecom, Cirion Technologies, Equinix, GlobeNet, Microsoft, ODATA (Aligned Data Centers), Onex Data Center, Quantico, Scala Data Centers, V.tal are involved in the development of data center facilities, which are opened or under construction in 2023.The Brazil data center market is also witnessing investment from new entrants in Brazil, such as CloudHQ, Surfix Data Center, and EVEO.In Brazil data center market, most of the colocation and hyperscale operators are moving towards renewable energy procurement for facility operations. For instance, in September 2023, Microsoft Brazil signed a 15-year power purchase agreement (PPA) with AES Brasil to procure 150 MW of wind energy. AES Brasil will start supplying sustainable electricity to Microsoft in July 2024.

WHY SHOULD YOU BUY THIS RESEARCH?

Market size available in the investment, area, power capacity, and Brazil colocation market revenue.An assessment of the data center investment in Brazil by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Brazil data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in Brazil:I. Facilities Covered (Existing): 68II. Facilities Identified (Upcoming): 21III. Coverage: 9 StatesIV. Existing vs. Upcoming (Area)V. Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in Brazil:I. Market Revenue & Forecast (2023-2029)II. Retail Colocation RevenueThe Brazil data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.

EXISTING VS. UPCOMING DATA CENTERS

Existing Facilities in the Region (Area and Power Capacity):Sao PauloOther StatesList of Upcoming Facilities in the Region (Area and Power Capacity)

IT Infrastructure Providers

Arista NetworksBroadcomCisco SystemsDell TechnologiesHewlett Packard Enterprise (HPE)Huawei TechnologiesIBMJuniper NetworksLenovoNetAppOraclePure Storage

Data Center Construction Contractors & Sub-Contractors

AECOMAfonso Franca EngenhariaAceco TIConstructora SudamericanaFluor CorporationJacobs EngineeringModular Data CentersQuarkZFB GroupZeittec

Support Infrastructure Providers

ABBAlfa LavalBosch Security and Safety SystemsCaterpillarCumminsDaikin AppliedDelta ElectronicsEatonHoneywell InternationalJohnson ControlsLegrandMuntersMitsubishi ElectricPiller Power SystemsPanduitRittalRolls RoyceSchneider ElectricSiemensSTULZVertiv

Data Center Investors

AscentyAngola CablesAva TelecomCirion TechnologiesElea DigitalEquinixGlobeNetHostDimeLumen TechnologiesMicrosoftNabiaxODATA (Aligned Data Centers)Onex Data CenterQuanticoScala Data CentersTeccloudV.tal

New Entrants

CloudHQEveoSurfix Data Center

For more information about this report visit https://www.researchandmarkets.com/r/x4clse

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Miami Startup BOB Raises $5.5M To Build An AI-Powered Banking Platform

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The Miami-based company is building the most useful small business finance agent and banking platform in the world, with participation from Codie Sanchez, Mark Pincus,  and others.

MIAMI, Oct. 23, 2026 /PRNewswire/ — BOB AI Holdings Corp. (“BOB”), the AI finance employee for small business, today announced it has raised $5.5 million in seed funding. The round was led by Mischief (founder of Plaid, Zak Perret), with funding from Peter Thiel and participation from Codie Sanchez, Mark Pincus, Karman Ventures, and a group of additional investors and operators. BOB will use the capital to expand its product, grow its team in Miami, and bring a free AI finance agent to more of the small business owners who keep the American economy running.

The seed round brings together investors who share a conviction that small businesses deserve the same caliber finance department g that large companies take for granted. Mischief led the round, and Peter Thiel joined as a backer alongside Codie Sanchez, the investor and operator known for championing Main Street business ownership.

The funding follows BOB’s private beta launch in September 2026 and will support three priorities: deepening the product’s financial capabilities, scaling customer onboarding, and growing BOB’s team in Miami.

BOB is an AI finance employee that works alongside small business owners to handle the annoying but necessary financial work that usually eats their nights and weekends. Owners talk to BOB the way they would talk to a trusted bookkeeper or CFO, over WhatsApp, text message, Slack, Microsoft Teams, email, or the BOB app. BOB keeps the books, sends invoices, accepts payments, holds funds in a deposit account, and helps owners see where their cash is headed so they can make decisions with confidence.

BOB’s long-term goal is to be the most useful banking product in the world, and a banking product specifically built for this new world of AI agents, robots, and drones. But they are getting started by building the most useful and safe financial agent for small business owners. And instead of handing owners another dashboard to learn, BOB just does the work for them and communicates in plain language.

BOB’s wedge has been particularly effective because the company is laser-focused on small business owners who have largely been underserved by the wave of financial technology built over the last five to ten years. Many of those products were designed for the general market or for enterprise finance teams, and they assume the owner has time, training, or staff to run them. BOB starts from the opposite assumption. The owner of a roofing company, a restaurant, or a local services firm should be able to get real financial help without hiring a department to get it.

“Small business owners have been an afterthought for most of the financial technology built over the last decade,” said Adam Wininger, CEO of BOB. “They are running the business, doing the work, and then staying up late trying to make sense of their books. We built BOB to take that work off their plate entirely. Our goal is simple: to be the most useful banking platform in the world, and this funding lets us put our free CFO agent, BOB, in the hands of many more owners.”

“We invest in infrastructure that becomes indispensable, and a financial layer for autonomous agents is one of the clearest examples we’ve seen,” said Dustin Moring, General Partner at Mischief. “BOB is attacking an immense market at the exact moment AI is moving from advising on transactions to executing them. We’re proud to lead this round and back Adam and the team as they build the foundation agent banking will run on.”

About BOB

BOB AI Holdings Corp. is a Miami-based company building BOB, the AI finance employee and banking platform for small business. BOB handles bookkeeping, invoicing, payments, and cash flow for small business owners through the channels they already use, including WhatsApp, text message, Slack, and Microsoft Teams. BOB’s mission is to build the world’s most useful banking product in the world. Learn more at joinbob.ai. Disclaimer: BOB AI Holdings Corp is a financial technology company, not a bank.

Media contact

Joel Strauss – joel@strausscomms.com 

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SOURCE BOB AI Holdings Corp

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Union Home Mortgage unveils AI and automation advancements during 2026 Annual Partner Celebration

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The mortgage lender continues to make major technology investments going into 2027

STRONGSVILLE, Ohio, Oct. 23, 2026 /PRNewswire/ — Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, recently unveiled an array of AI and automation-driven technological achievements during the company’s 2026 Annual Partner Celebration held Oct. 16-17 in Cleveland, Ohio. This world-class event brought over 850 UHM employees, known internally as Partners, together to highlight the lender’s year-to-date business results, set goals to multiply business success, and foster connection between colleagues. Most notably, technology took center stage, highlighting advancements made in 2026 and a sneak peek at what is coming next.

Attendees were given an inside look at the next phase of technology shaping the business, with demonstrations of both newly implemented tools and future-focused prototypes. These innovations, ranging from conversational voice agents for enhanced customer support to the elimination of tedious manual document review, showcased the transformative potential of technology and underscored the lender’s ongoing investment in smarter, more efficient workflows.

“What makes this event so meaningful is the chance to celebrate our Partners and the impact they have on our business and culture,” said Bill Cosgrove, CEO of Union Home Mortgage. “By creating opportunities for open dialogue and idea-sharing, we’re able to strengthen our culture and identify new ways to move our business forward. As we look ahead to 2027, we remain focused on our 3X initiative, empowering our Partners with the resources, technology, and support they need to achieve more while continuing to deliver a world-class experience for our borrowers. Technology will be the key to UHM’s future, and I can’t wait to see what new solutions are developed in time for our next Annual Partner Celebration.”

While this year’s Annual Partner Celebration was heavily focused on technology, the event also featured senior leadership across all departments and business channels taking the stage to share updates on critical areas such as sales performance, servicing, benefits, employee recognition, and more. UHM Partners also took part in a panel discussion and Q&A with CEO Bill Cosgrove and Sr. Vice President of Business Development Al Blank. In addition to those attending in-person, the rest of the mortgage lender’s 2,300 Partners streamed the event virtually across the country. Following the event, attendees were invited to attend a celebratory carnival featuring casino-style games, a golf simulator, Family Feud, a custom t-shirt press, and more – earning raffle tickets to win high-value prizes. The lender also raffled off tickets to the MLB American League Championship Series being played at Progressive Field, as Union Home Mortgage is the Official Mortgage Partner of both teams that played in the series – the Tampa Bay Rays and the Cleveland Guardians.

Throughout the week, Partners also attended individualized leadership summits specific to their department or role within the company, as well as a Hard Stops Summit aimed at examining existing hard stops in the loan process to streamline operational efficiency.

Internal loan officer coaching program Partners Coaching Partners (PCP), which pairs each participating loan officer with a high-performing mentor and an accountability partner at their production level, also held their Fall PCP Impact event on October 14-15. The group aims to equip members with the skills and knowledge to increase productivity, generate leads, finetune the origination process, improve teambuilding, and increase profit margins. Next year, the PCP program will celebrate its twentieth consecutive PCP Impact event, cementing its status as a pillar of Partner development at UHM.

About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with branches across the U.S. in 49 states + D.C. UHM is an in-house loan servicer offering world-class customer service through high touch communication & technology. A privately held family business, with a collaborative culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. All these principles translate to industry-leading customer retention and satisfaction. Some honors include being a Six-Year USA TODAY Top Workplace and a Twelve-Year Northeast Ohio Top Workplace. Learn more at www.uhm.com.

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SOURCE Union Home Mortgage

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Pew Funds 4 Biomedical Research Partnerships in Latin America

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Scientists will team up on interdisciplinary explorations

WASHINGTON, Oct. 23, 2026 /PRNewswire/ — The Pew Charitable Trusts announced today that four pairs of researchers from Latin America will receive funding to pursue collaborative biomedical research projects.

These eight esteemed scientists, all independent investigators in Latin America, will team up on interdisciplinary explorations that span plant biology, genetics, immunology, and more. Recipients will receive a combined $180,000 per pair—$90,000 annually over two years.

The Partnership Award was created to help advance scientific collaboration and networking among the biomedical research community in Latin America. Recipients include four alumni of Pew’s Latin American Fellows Program in the Biomedical Sciences, which has funded nearly 350 scientists from across the region since 1991. The Partnership awards were made possible by a grant from Biohub.

“Pew is proud to support these exceptional scientists from Argentina, Brazil, and Chile,” said Donna Frisby-Greenwood, Pew’s senior vice president for Philadelphia and scientific advancement. “Their creative ideas and pioneering approaches will undoubtedly lead to important discoveries that advance biomedical research across Latin America and the world.”

Recipients of this year’s Partnership Award are:

Luis F. Larrondo, Ph.D., Pontificia Universidad Católica de Chile, 2004 Pew Latin American Fellow

Gerardo Cárcamo-Oyarce, Ph.D., Pontificia Universidad Católica de Chile

Larrondo and Cárcamo-Oyarce will establish a new, light-based platform for studying the formation of biofilms by the bacterium Pseudomonas aeruginosa.

Priscilla Olsen, Ph.D., Universidade Federal do Rio de Janeiro (UFRJ), 2016 Pew Latin American Fellow

Beatriz Patricio, Ph.D., Universidade Federal do Estado do Rio de Janeiro (UNIRIO)

Olsen and Patricio will develop and test a new strategy to overcome antimicrobial drug resistance.

Paulo José P. L. Teixeira, Ph.D., Universidade de São Paulo, Escola Superior de Agricultura Luiz de Queiroz, 2013 Pew Latin American Fellow

Antonio Camargo, Ph.D., Universidade de São Paulo

Teixeira and Camargo will examine plant immune receptor specificity.

Marcelo Yanovsky, Ph.D., Fundación Instituto Leloir – CONICET, 2000 Pew Latin American Fellow

Esteban Beckwith, Ph.D., Instituto de Investigación en Biomedicina de Buenos Aires – CONICET – Partner Institute of the Max Plank Society

Yanovsky and Beckwith will study how organisms regulate gene expression in response to environmental stress.

Founded in 1948, The Pew Charitable Trusts uses data to make a difference. Pew addresses the challenges of a changing world by illuminating issues, creating common ground, and advancing ambitious projects that lead to tangible progress. Learn more at pew.org.

Press contact: Liz Lowe, 215-575-4812, elowe@pewtrusts.org

https://www.pew.org/en/about/news-room/press-releases-and-statements/2026/10/22/pew-funds-4-biomedical-research-partnerships-in-latin-america

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SOURCE The Pew Charitable Trusts

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