Latest news with #NelsonBarbosa
CNA
3 days ago
- Business
- CNA
Brazil state development bank mulls AI, data center-focused investment fund
RIO DE JANEIRO :Brazil's state development bank BNDES is considering creating an investment fund focused on AI and data centers, planning executive Nelson Barbosa said on Tuesday. The fund, which would be part of a broader BNDES initiative to resume investments in equities, could receive an allocation ranging from 500 million reais to 1 billion reais ($91.93-183.86 million), he added.
Yahoo
3 days ago
- Business
- Yahoo
Brazil state development bank mulls AI, data center-focused investment fund
RIO DE JANEIRO (Reuters) -Brazil's state development bank BNDES is considering creating an investment fund focused on AI and data centers, planning executive Nelson Barbosa said on Tuesday. The fund, which would be part of a broader BNDES initiative to resume investments in equities, could receive an allocation ranging from 500 million reais to 1 billion reais ($91.93-183.86 million), he added. ($1 = 5.4390 reais) Sign in to access your portfolio
Reuters
3 days ago
- Business
- Reuters
Brazil state development bank mulls AI, data center-focused investment fund
RIO DE JANEIRO, July 1 (Reuters) - Brazil's state development bank BNDES [RIC:RIC: is considering creating an investment fund focused on AI and data centers, planning executive Nelson Barbosa said on Tuesday. The fund, which would be part of a broader BNDES initiative to resume investments in equities, could receive an allocation ranging from 500 million reais to 1 billion reais ($91.93-183.86 million), he added. ($1 = 5.4390 reais)
