Paraguay – the Silicon Valley of South America?

Gabriela Cibils is leading efforts to turn Paraguay into the Silicon Valley of South America, leveraging the country's abundance of cheap, green hydroelectric power to attract global tech firms. Paraguayan tech entrepreneurs like Sebastian Ortiz-Chamorro are excited about the potential to host AI computing data centers due to the steady and renewable nature of its energy sources. With the government's support and plans for a new digital park in Asunción, Paraguay aims to capitalize on its young population and technological talent to build a thriving tech sector that could entice major industry players like Google and OpenAI to invest in the country.