Latest news with #Valparaíso
Washington Post
10 hours ago
- Business
- Washington Post
Google partners with Chile to deploy a trans-Pacific submarine cable
SANTIAGO, Chile — Google signed an agreement with Chile on Wednesday to deploy an undersea fiber optic cable connecting South America with Asia and Oceania, a first-of-its-kind project that aims to cement the South American country's status as a major digital hub. The Humboldt Cable, envisioned for deployment in 2027, is a 14,800-kilometer (9,200-mile) submarine data cable that will connect Chile's coastal city of Valparaíso with Sydney, Australia through French Polynesia. The initiative is being launched almost a decade after it was first proposed in 2016, and six years after the initial studies to determine its feasibility. 'This is the first submarine cable in the South Pacific, so it's an important commitment', Chilean Transport Minister Juan Carlos Muñoz told journalists. Chile, home to one of Google's largest data centers in Latin America, is currently connected to the United States and the rest of the region via an undersea cable. This cable also provides Chile with a longer route to other continents. Officials from both Google and the Chilean government hailed the project as critical infrastructure with potential to attract millions of dollars in investment from major tech companies, mining and banking firms in Chile and Australia. 'The idea of building this cable is that it can also be used not only by Google but also by other users, such as technology companies operating in Chile,' said Cristian Ramos, director of telecommunications infrastructure for Latin America at Alphabet, Google's parent company. Although Google did not disclose its total investment, Patricio Rey, general manager of local partner Desarrollo País, a state-owned infrastructure company, estimated the cable project's value at $300 million to $550 million, with Chile contributing $25 million. The Humboldt Cable will establish Chile as a data gateway for the Asia-Pacific, while strengthening its relations with Asian nations, especially China, its largest trading partner. It also comes as demand for undersea cables surges due to increased reliance on cloud computing services. The next stages involve installing the submarine cable, selecting and contracting a telecommunications operator, and constructing landing stations in Chile. The initiative could heighten tensions as Chile finds itself caught in the middle of an intensifying rivalry between China and the Trump administration. Undersea cables have long been flash points in geopolitical disputes . ____ Follow AP's coverage of Latin America and the Caribbean at
The Independent
11 hours ago
- Business
- The Independent
Google partners with Chile to deploy a trans-Pacific submarine cable
Google signed an agreement with Chile on Wednesday to deploy an undersea fiber optic cable connecting South America with Asia and Oceania, a first-of-its-kind project that aims to cement the South American country's status as a major digital hub. The Humboldt Cable, envisioned for deployment in 2027, is a 14,800-kilometer (9,200-mile) submarine data cable that will connect Chile's coastal city of Valparaíso with Sydney, Australia through French Polynesia. The initiative is being launched almost a decade after it was first proposed in 2016, and six years after the initial studies to determine its feasibility. 'This is the first submarine cable in the South Pacific, so it's an important commitment", Chilean Transport Minister Juan Carlos Muñoz told journalists. Chile, home to one of Google's largest data centers in Latin America, is currently connected to the United States and the rest of the region via an undersea cable. This cable also provides Chile with a longer route to other continents. Officials from both Google and the Chilean government hailed the project as critical infrastructure with potential to attract millions of dollars in investment from major tech companies, mining and banking firms in Chile and Australia. 'The idea of building this cable is that it can also be used not only by Google but also by other users, such as technology companies operating in Chile,' said Cristian Ramos, director of telecommunications infrastructure for Latin America at Alphabet, Google's parent company. Although Google did not disclose its total investment, Patricio Rey, general manager of local partner Desarrollo País, a state-owned infrastructure company, estimated the cable project's value at $300 million to $550 million, with Chile contributing $25 million. The Humboldt Cable will establish Chile as a data gateway for the Asia-Pacific, while strengthening its relations with Asian nations, especially China, its largest trading partner. It also comes as demand for undersea cables surges due to increased reliance on cloud computing services. The next stages involve installing the submarine cable, selecting and contracting a telecommunications operator, and constructing landing stations in Chile. The initiative could heighten tensions as Chile finds itself caught in the middle of an intensifying rivalry between China and the Trump administration. Undersea cables have long been flash points in geopolitical disputes. ____
Associated Press
11 hours ago
- Business
- Associated Press
Google partners with Chile to deploy a trans-Pacific submarine cable
SANTIAGO, Chile (AP) — Google signed an agreement with Chile on Wednesday to deploy an undersea fiber optic cable connecting South America with Asia and Oceania, a first-of-its-kind project that aims to cement the South American country's status as a major digital hub. The Humboldt Cable, envisioned for deployment in 2027, is a 14,800-kilometer (9,200-mile) submarine data cable that will connect Chile's coastal city of Valparaíso with Sydney, Australia through French Polynesia. The initiative is being launched almost a decade after it was first proposed in 2016, and six years after the initial studies to determine its feasibility. 'This is the first submarine cable in the South Pacific, so it's an important commitment', Chilean Transport Minister Juan Carlos Muñoz told journalists. Chile, home to one of Google's largest data centers in Latin America, is currently connected to the United States and the rest of the region via an undersea cable. This cable also provides Chile with a longer route to other continents. Officials from both Google and the Chilean government hailed the project as critical infrastructure with potential to attract millions of dollars in investment from major tech companies, mining and banking firms in Chile and Australia. 'The idea of building this cable is that it can also be used not only by Google but also by other users, such as technology companies operating in Chile,' said Cristian Ramos, director of telecommunications infrastructure for Latin America at Alphabet, Google's parent company. Although Google did not disclose its total investment, Patricio Rey, general manager of local partner Desarrollo País, a state-owned infrastructure company, estimated the cable project's value at $300 million to $550 million, with Chile contributing $25 million. The Humboldt Cable will establish Chile as a data gateway for the Asia-Pacific, while strengthening its relations with Asian nations, especially China, its largest trading partner. It also comes as demand for undersea cables surges due to increased reliance on cloud computing services. The next stages involve installing the submarine cable, selecting and contracting a telecommunications operator, and constructing landing stations in Chile. The initiative could heighten tensions as Chile finds itself caught in the middle of an intensifying rivalry between China and the Trump administration. Undersea cables have long been flash points in geopolitical disputes. ____ Follow AP's coverage of Latin America and the Caribbean at
Yahoo
4 days ago
- Business
- Yahoo
Chile president to ramp up decarbonization, pressure on Israel as term winds down
By Alexander Villegas VALPARAISO, Chile (Reuters) -Chile's President Gabriel Boric said on Sunday that he will accelerate renewable energy efforts and step up pressure against Israel over its war in Gaza among other initiatives during his government's last nine months in office. In a wide-ranging three-hour speech from Congress in the coastal city of Valparaiso that marked his last annual address, Boric also discussed crime, infrastructure, the economy and abortion rights. In comments that sparked the largest amount of cheers and jeers from opposite sides of Congress, Boric said he will introduce a law to ban imports from what he called "illegally occupied territories" and back efforts by Spain for an arms embargo against Israel. Boric, an outspoken critic of Israel, had recently recalled military personnel from Chile's embassy in the country and summoned the ambassador for questioning. Chile's government will also introduce an "accelerated decarbonization" bill that aims to boost investment in renewable energy sources, help end coal-powered thermoelectric plants and move the country's 2040 goal to decarbonize the electric grid up to 2035. Boric added that a bill to speed up the permitting process for new projects was weeks away from being approved, a long-awaited request by miners, renewable energy companies and other investors. Its goal is to cut permitting times by 30% to 70%, Boric said. "Investment projects won't develop to their full potential if we don't modernize and speed up permitting," Boric said, while also touting his plan to expand lithium mining, led by state copper giant Codelco. Critics have rebuked Boric for not making major reforms he promised as a candidate, and for failing to see through a rewrite of the dictatorship-era constitution that was knocked back twice by voters. Boric appeared to recognize the complaints, while defending his record. "Have we achieved everything we wanted, with the depth we wanted? No, but we have made progress in that direction, with the conditions under which we had to govern," he said.
Arab News
4 days ago
- Business
- Arab News
Chile president to ramp up decarbonization, pressure on Israel as term winds down
VALPARAISO, Chile: Chile's President Gabriel Boric said on Sunday that he will accelerate renewable energy efforts and step up pressure against Israel over its war in Gaza among other initiatives during his government's last nine months in office. In a wide-ranging three-hour speech from Congress in the coastal city of Valparaiso that marked his last annual address, Boric also discussed crime, infrastructure, the economy and abortion rights. In comments that sparked the largest amount of cheers and jeers from opposite sides of Congress, Boric said he will introduce a law to ban imports from what he called 'illegally occupied territories' and back efforts by Spain for an arms embargo against Israel. Boric, an outspoken critic of Israel, had recently recalled military personnel from Chile's embassy in the country and summoned the ambassador for questioning. Chile's government will also introduce an 'accelerated decarbonization' bill that aims to boost investment in renewable energy sources, help end coal-powered thermoelectric plants and move the country's 2040 goal to decarbonize the electric grid up to 2035. Boric added that a bill to speed up the permitting process for new projects was weeks away from being approved, a long-awaited request by miners, renewable energy companies and other investors. Its goal is to cut permitting times by 30 percent to 70 percent, Boric said. 'Investment projects won't develop to their full potential if we don't modernize and speed up permitting,' Boric said, while also touting his plan to expand lithium mining, led by state copper giant Codelco. Critics have rebuked Boric for not making major reforms he promised as a candidate, and for failing to see through a rewrite of the dictatorship-era constitution that was knocked back twice by voters. Boric appeared to recognize the complaints, while defending his record. 'Have we achieved everything we wanted, with the depth we wanted? No, but we have made progress in that direction, with the conditions under which we had to govern,' he said.
