E11: Building India’s Digital Backbone with Sharad Agarwal
Mar 12, 2026 Eric Bell World
Go to PodcastX8 Cloud’s ambitious AI data center project in Paraguay represents a massive, multi-decade bet on transforming the country’s cheap, surplus hydropower into artificial intelligence computing power.
Led by Los Angeles startup X8 Cloud, the initiative outlines a staged capital expenditure of up to $50 billion over 30 years, drawing directly from the massive Itaipú dam. The project's roll-out begins in 2026 with an initial phase utilizing advanced Nvidia hardware, aiming to scale up operations significantly over time.
The project takes advantage of compute costs up to 70% lower than traditional markets, supported by Paraguay's highly favorable business environment and tax structure. However, its ultimate success will depend on securing complex U.S. hardware export authorizations and navigating long-term international financing.
| Distance | Site | About |
|---|---|---|
| 0.00 miles | Yguazú Digital: Asunción |
Yguazú Digital is a binational AI data center project between Paraguay and Taiwan, aiming to become the largest AI hub in South America with an investment of up to US$3 billion.
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| 6.68 miles | Tigo: Asuncion, Paraguay |
Operated under Millicom's Tigo Business brand, the Asunción area facility features a hybrid modular design by Flexenclosure, pairing a traditional office block with prefabricated eCentre data halls.
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| 19.22 miles | Keel Infrastructure: Paso Pe |
X8 Cloud is an artificial intelligence infrastructure developer specializing in sustainable data center management solutions and renewable energy integration. The company focuses on securing the critical energy foundation required to power AI technology long-term by combining strategic infrastructure investments with advanced optimization technologies.
Mar 12, 2026 Eric Bell World
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