en.Wedoany.com Reported - The Rio de Janeiro City Government signed a memorandum of understanding with Elea Data Centers and the Rio de Janeiro Partnerships and Investment Company (CCPar) to support the implementation of the Rio AI City project, which aims to create an artificial intelligence infrastructure complex in the Olympic Park area of Barra da Tijuca.

The announcement was made during the opening of Web Summit Rio, alongside the disclosure of a $550 million investment in the Elea digital infrastructure platform, which is part of the first phase of the acquisition of the company by global infrastructure management firm I Squared Capital.

The memorandum sets a 36-month cooperation agenda to support project implementation, including institutional coordination, preparation of technical studies, resource mobilization, and attraction of public and private partners.

Rio de Janeiro Mayor Eduardo Cavaliere stated that the initiative represents progress on a project proposed by the city government in 2025. "Today, with the fund's initial investment, the initiative advances. Rio de Janeiro will become a hub for connectivity, energy, and strategic logistics in the Southern Hemisphere."

Rio AI City plans to build a data center complex for processing artificial intelligence applications, as part of the city government's strategy to attract investments in digital infrastructure and high-performance computing. The project has an initial energy capacity of 1.5 GW, expandable to 3 GW by 2032, and builds on the company's existing infrastructure in Rio de Janeiro, including the currently operational RJO1 data center.

The new structure will be prepared to meet the demands of cloud computing and AI-related workloads. "We are building an ecosystem capable of attracting investments, creating opportunities, and placing Rio de Janeiro and Brazil at the center of the global development agenda," said Alessandro Lombardi, founder and CEO of Elea Data Centers.

In addition to the agreement with Elea and CCPar, the city government also announced the signing of memorandums of understanding related to the project with the Ministry of Science, Technology and Innovation (MCTI), the Ministry of Development, Industry, Trade and Services (MDIC), the National Bank for Economic and Social Development (BNDES), Eletrobras, and Finep (Research and Projects Financing Agency). The goal is to gather institutional support for project structuring and attracting digital infrastructure investments.

According to estimates released by project participants, Rio AI City could mobilize up to $65 billion in total investments over the next decade, with the potential to create over 10,000 high-skilled jobs in Rio de Janeiro, attracting technology companies, research institutions, and startups.

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