Petrobras completes $470M data center phase

Brazilian state-controlled oil producer Petrobras has successfully completed the initial phase of its substantial data center development plan, representing an investment of approximately $470 million. This milestone signifies a significant step in expanding cloud computing infrastructure within Latin America's largest economy. The project, executed by Elea Data Centers, highlights the increasing demand for robust digital infrastructure to support growing data processing needs across various industries in the region. This expansion is crucial for enabling advanced technological applications and services.