Milei Adviser Expects Major Tech Investments Within Eight Weeks

A senior adviser to Argentine President Javier Milei expects the administration to announce significant investments from technology companies within the next eight weeks after visiting Silicon Valley in May. Demian Reidel, who organized meetings for Milei with Apple Inc., Meta Platforms Inc. and Alphabet Inc., among other firms, sees at least one tech investment over $1 billion being announced before Argentina lifts capital controls put in place five years ago that have deterred foreign investment. He declined to provide specifics about the company or project.