Microsoft opens AI and IoT co-innovation center in Uruguay
Microsoft opened a co-innovation center for AI and IoT at the LATU technology laboratory in Uruguay's capital Montevideo.
It becomes the company's fourth center for AI and IoT worldwide (the US, China and Germany) and the first in Latin America, said industry, energy and mining minister Omar Paganini at the inauguration ceremony (pictured), which was also attended by President Luis Lacalle Pou.
The inauguration came after two years of collaboration between Microsoft and the Uruguayan government.
According to Paganini, Microsoft's center will help develop the country's tech ecosystem by attracting and generating new ventures as well creating high-quality jobs. It will allow companies to develop their products free of charge with Microsoft technology.
Paganini said the initiative is part of a plan to promote the nation as a technology and innovation hub. He added that a decree that will lay the foundation for the Uruguay Innovation Hub program will soon be issued.
Unveiled last year with support from the IDB, the program is looking to attract (and help grow) local and international startups, investment funds, as well as opening co-innovation centers and tech laboratories.
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