Cisco opened its first point of presence (PoP) in South America in a data center in Brazil, the company announced during its Cisco Connect event in São Paulo on Wednesday.
The structure will support Webex’s regional operations, a video conferencing platform, webinars and corporate hybrid jobs. The specific location and investment were not disclosed.
With this infrastructure, Webex traffic in Latin America remains in the region. Previously, the infrastructure was hosted in the US, which increased the latency of the service for users in Latin America.
PoP is a physical location where two or more types of communication devices establish a connection. Cisco’s new PoP is the company’s 16th worldwide.
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That stub Assis Brasil raised 27.5 million reais (US$5.42 million) in a round led by funds Costanoa, Maya, Canaan, Norte Ventures, Latitud, FJ Labs, K50, 1616 and BFF, as well as angel investors.
Resources will be used to hire professionals and improve the platform, the company reports.
Assis develops virtual assistants for financial management of self-employed workers and entrepreneurs. The solution, which is expected to roll out in the coming weeks, is also integrated with ChatGPT, according to the company.
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Brazilian fintech WePayments, which specializes in instant payments and cross-border transactions, plans to raise around US$11 million in a series A round by the end of this month.
The financing operation adds to an early 2019 round in which the company raised US$260,000. WePayments closes fundraiser with investor and consultant ICG Partners.
Resources will be invested in the internationalization of operations and new products, as well as technologies, marketing and sales.
That fintech It serves around 46 companies such as Decolar, Cornershop, Ticket360 and Speedy Tecnologia.
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Microsoft plans to train around 50,000 small Chilean companies in internet tools over the next five years.
The course is free and focuses on using programs such as Word, Excel, PowerPoint and OneNote, as well as training on advertising on social networks and support for preparing business plans, Microsoft Chile reported in a statement.
This initiative was announced in partnership with the local social investment fund, Fosis, and has the support of the Ministry of Social and Family Development. Applications are open until April 11 at www.fosis.gob.cl.
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Microsoft and Banco Santander announced a program to finance projects in 11 countries, including some in Latin America, based on artificial intelligence.
Santander X Global Challenge | The AI revolution is aimed at startups And “scaleup” from Germany, Argentina, Brazil, Chile, USA, Spain, Mexico, Portugal, Poland, UK and Uruguay. They can apply until April 27.
Selection will be carried out in collaboration with the Oxentia Foundation.
There will be six winning projects, which will receive 120,000 euros (US$130,700): 10,000 euros each for the three startups winner and 30,000 euros each of the best three scaleup.
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BTG Pactual, the largest investment bank in Latin America, announced its first launch stablecoinsor stablecoins, for its Mynt crypto platform.
The christened BTG Dol, a US dollar-backed crypto asset, has a 1:1 peg that “allows interaction between the traditional financial system and the new digital economy,” the company said in a statement.
The bank notes that it guarantees the safety and reliability of assets. The controls are tight, according to the BTG, which carries out due diligence and anti-money laundering compliance processes.
The Mynt platform now has 22 cryptocurrencies and one stablecoin.
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