Praxis plans $1 billion AI-powered city in Uruguay, first residents expected by 2027
- Startup Praxis plans a $1 billion around ₹8,800 crore AI-focused city project in Uruguay, with first residents expected by 2027.
- The project will be developed near Colonia del Sacramento as part of the +Colonia smart city development.
- Praxis aims to create a technology-driven community bringing together AI researchers, entrepreneurs, investors, artists and creators.
- The planned city will include residential areas, workplaces, hospitality spaces, commercial zones and cultural facilities.
Source: wionews.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
