Region Focus | Latin America
AI coding startup Cognition (valued at $48B) opened its first Latin American office in São Paulo on Sept 22, after already landing more than ten major Brazilian enterprise clients remotely, including Nubank, Itaú, and Santander; Chile's Chamber of Deputies passed an anti-deepfake bill on first reading, 128 in favor, 2 against, 5 abstentions, with fines of up to 716 million Chilean pesos, though the regulator isn't expected to be operational until December and a proposal would push the effective date back a full year, while Brazil and Paraguay advance similar legislation; and the EU launched the EU-LAC AI supercomputing network in Córdoba, Argentina on Sept 22, a two-year collaboration spanning Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, and Uruguay.