AI companies Cognition and OpenAI expand operations in Brazil

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Major artificial intelligence companies are expanding their operations in Brazil to tap into the country’s growing demand for automation and technical talent.

US-based Cognition, known for its Devin AI software engineering agent, has entered the Brazilian market with Itaú and Nubank as its first customers. This expansion follows a $2 billion funding round and the acquisition of the Windsurf coding platform. The move aligns with a broader trend in Brazil’s banking sector, which is projected to increase investment in AI, analytics, and big data by 8% in 2026.

Simultaneously, OpenAI is deepening its engagement within Brazil. The company aims to foster closer ties with software developers, businesses, and local communities to support wider AI adoption. While specific investment figures and locations have not been disclosed, the initiative focuses on building local relationships to better address language, cultural, and business-specific needs in the Latin American market.