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● LIVE Updated 45m ago · 6 sources tracked

30-year-old Praxis CEO planning AI-powered utopia in Uruguay

The startup Praxis plans to establish an AI-powered city in Uruguay designed as a network state for a post-AGI world. The project carries a projected cost of $1 billion, with the goal of creating a new civilization. The 30-year-old CEO of Praxis expects the first residents to move into the development between next year and 2027. This initiative seeks to leverage the extraordinary wealth expected from Artificial General Intelligence to fund and sustain the urban project.

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⚡ Key Developments & Real-Time Context
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  • ✓ Praxis plans to build an AI-powered city in Uruguay.
  • ✓ The project is led by a 30-year-old CEO.
  • ✓ The startup intends to build a network state for a post-AI world.
🛡️ Source Corroboration: 6 independent reporting domains (80% confidence) ⏱ Read time: ~2 min

What changed

Praxis identified Uruguay as the location for its $1 billion AI-powered city.

Live updates

  1. Praxis to Build AI-Powered City in Uruguay

    The startup Praxis plans to establish an AI-powered city in Uruguay designed as a network state for a post-AGI world. The project carries a projected cost of $1 billion, with the goal of creating a new civilization. The 30-year-old CEO of Praxis expects the first residents to move into the development between next year and 2027. This initiative seeks to leverage the extraordinary wealth expected from Artificial General Intelligence to fund and sustain the urban project.

    Why it matters

    Network states are digital-first communities that eventually acquire physical territory to establish sovereign governance. Praxis aims to implement this model by building a physical hub in South America. The project reflects a broader trend of tech founders seeking to create autonomous utopian societies outside traditional state structures.

    What is confirmed

    • Praxis plans to build an AI-powered city in Uruguay.
    • The project is led by a 30-year-old CEO.
    • The startup intends to build a network state for a post-AI world.

    Still unconfirmed

    • The city will cost $1 billion to build.
    • The first residents are expected to arrive by 2027.
    • The project will cost 9,600 crore rupees.

    What to watch next

    • Official land acquisition agreements in Uruguay
    • Confirmation of the specific city or region selected for construction
    • Public release of the governance model for the network state
    Sources used for this update (6)
    1. The New York Times — Tech-Utopian Movement Praxis Says It Has Found a Home in Uruguay
    2. SuaraGarut.ID — Tech Founders Target Uruguay to Build AI-Powered Network States
    3. New York Post — 30-year-old Praxis CEO planning AI-powered utopia in Uruguay — with first residents expected next year
    4. WION — Startup Praxis to build $1 billion AI-powered city in Uruguay, first residents by 2027
    5. Moneycontrol.com — Tech utopians pick this city to build ‘a new civilisation’ in post-AI world
    6. Inshorts — 'Tech utopia' startup to build ₹9,600-crore 'post-AGI' city in Uruguay | 'AGI to create extraordinary wealth' | Inshorts
    confidence 80%
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