//php the_content() ?>
The Banco Safra report highlights the perception of growing interest among United States investors in Brazil. Safra analysts spent the past week meeting with clients in the US and discussing Brazil’s financial sector.
According to the bank, investors wanted to better understand the country’s macroeconomic outlook as Brazil began raising interest rates, in contrast to global central banks.
Get more information
Analysts spent more time than usual on the topic as they saw the following more positive outlook for Brazil:
- (i) Gradual increase in GDP;
- (ii) Moody’s upgraded the country’s sovereign rating to Ba1; And
- (iii) Expectations of greater foreign direct investment (FDI) for the future, given Brazil’s ability to produce goods with low embodied carbon.
Additionally, some customers were affected by Microsoft’s announcement of a $2.7 billion investment in the region to enhance its cloud and AI infrastructure.
Technology giant Microsoft reported in September that it would invest R$14.7 billion over three years in Brazil to expand cloud computing infrastructure. artificial intelligence. The announcement was made by Microsoft’s global chief executive Satya Nadella at the inauguration of the Microsoft event. AI Tour in Sao Paulo.
“We are raising our game,” Nadella told the audience of 2,500. “We are going to invest R$14.7 billion to empower Brazil in cloud and artificial intelligence,” he said.
