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flag Brazilian minister visits Silicon Valley to attract data center investments with tax breaks.

flag Brazilian Finance Minister Fernando Haddad plans to visit Silicon Valley to attract data center investments by offering tax exemptions. flag The policy aims to unlock up to $352 billion in investments over a decade by exempting federal taxes on IT-related capital expenditures for data centers using 100% renewable energy. flag The plan, which needs congressional approval, could also boost construction, telecoms, and AI services.

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