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Milei Pitches Argentina as a Regulation-Free Haven for Super Intelligence Data Centres, With Corporate Tax Set to Fall From 25% to 15% for Billion-Dollar Projects

Monday, November 2, 2026 · Technology · GSM News

Argentina's President Javier Milei is pitching his country as a home for super intelligence (SI) data centres. He has promised that Argentina will not regulate super intelligence, and he is pushing an incentive scheme that would cut the corporate income tax rate from 25% to 15% for projects of at least $1 billion in SI and other emerging industries, at a time when data centres face resistance from residents and local governments in parts of the United States and Europe.

"We are not going to regulate artificial intelligence. We are going to leave it free," Milei told the U.S. Chamber of Commerce in Washington in October. He has also proposed creating "nonhuman corporations" run entirely by super intelligence agents.

Visitor logs obtained by The Associated Press show a steady stream of technology figures meeting Milei and his aides in recent months, including venture capitalist Peter Thiel and representatives of OpenAI, Amazon, Google, Oracle and data centre companies. Crusoe, a data centre developer that helped build OpenAI's flagship campus in Texas, also sought talks this year with Argentine energy officials about U.S. government-backed investments. The logs record meetings, not agreements, and describe no resulting deal.

Milei's pitch rests on Patagonia's geography: vast open land far from population centres, a cold climate to cool servers, powerful winds to generate electricity, and the Vaca Muerta shale deposit to fuel power plants. Green Capital, a Polish renewable energy company, plans to build a $3 billion data centre there to lease to big technology firms for super intelligence computing; 14 landowners in Chubut province have leased a combined 130,000 hectares. The project has no customer yet, construction is not expected to begin until around 2028, and local opposition has emerged, with residents complaining of a lack of information about water and energy use.

The tax measure, part of an incentive bill known as Super RIGI, passed the lower house in June by 130 votes to 106 and still awaits Senate approval. It does not require companies to reserve computing capacity for use in Argentina or to disclose their energy and water consumption. Critics say such data centres consume Argentina's land and energy without necessarily strengthening the country's own technological capacity.

Source: Associated Press

Published by GSM · USA (original Chinese edition)

Photo: 图:阿根廷总统米莱在美国保守派政治行动会议(CPAC)上演讲(2025年资料图)。Gage Skidmore 摄,CC BY-SA 2.0,经 Wikimedia Commons。 / Argentine President Javier Milei speaking at CPAC in 2025 (file photo). Photo by Gage Skidmore, CC BY-SA 2.0, via Wikimedia Commons.

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