Globant Announces $1B Investment In Latin America To Strengthen Its Presence In The Region, Focusing On AI And Other Emerging Technologies
Portfolio Pulse from Happy Mohamed
Globant (NYSE:GLOB) has announced a five-year, $1 billion investment plan in Latin America to strengthen its presence in the region. The plan includes opening an Emerging Technologies Innovation Center in Brazil, continuing the development of AI-based products, and hiring 20,000 professionals across the region. The company aims to leverage emerging technologies like AI and Quantum Computing to help its clients.
August 10, 2023 | 4:31 pm
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Globant's $1 billion investment in Latin America could strengthen its presence in the region, potentially leading to increased revenues and growth. The focus on AI and emerging technologies could also enhance its product offerings.
The investment could lead to increased market presence and revenues for Globant in Latin America. The focus on AI and emerging technologies could also lead to the development of innovative products, potentially attracting more clients and boosting the company's growth.
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