Praxis Brings $1 Billion AI-Focused Urban Innovation Project to Uruguay
A global community connected to artificial intelligence is making its mark in Uruguay, bringing with it a groundbreaking project valued at $1 billion. Praxis, the American startup co-founded by Dryden Brown and boasting over 150,000 members worldwide, is set to establish itself in +Colonia. The ambitious plan revolves around the development of a new urban space where entrepreneurs, investors, and creators can live and work together, reimagining the concept of a city in an era defined by AI-driven transformation of the workforce.
The initiative will claim a dedicated area within +Colonia, a burgeoning innovation and technology ecosystem located alongside the Río de la Plata which already brings together more than 180 entities. The goal is to solidify +Colonia’s reputation as a regional innovation hub and foster further international collaborations.
According to Eduardo Bastitta, CEO and founder of +Colonia, the arrival of Praxis “represents a unique opportunity to position Uruguay as a hub of innovation with international reach.”
The project aims to explore and experiment with new ways of living and working at the intersection of technology, creativity, and artificial intelligence. With such a significant investment and commitment from global leaders in tech and entrepreneurship, this move positions Uruguay as a pioneer in creating next-generation communities designed for the rapidly changing needs driven by AI.
Learn more about what’s behind Praxis, how its launch will shape Uruguay, and what such a scale of investment means for the future of +Colonia and the wider region.
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