Latin America Intelligent Age
Page 26 of 33 · WEF_Latin_America_Intelligent_Age.pdf
8. Mobilize AI investment funds and incentives
If Latin American economies increased their level of
investment in AI by around five percentage points,
they would reach a level that is closer to their share
of global GDP . Such investment increase would
help to multiply the productivity gains from AI in the
region. Dedicated policies to foster adoption by
small and medium enterprises are also key.
Innovative financing models can help unlock
scale. For instance, public-private funds or fund-
of-funds could channel capital into AI innovation
and digital infrastructure. These arrangements
can expand the pool of available capital for early-
stage companies and initiatives while maintaining
transparency and effective risk management.
Latin American countries can prioritize securing
development funding, as investment from these
organizations can de-risk projects, anchor AI-
focused funds and direct capital into cross-border
infrastructure, research and ecosystem development.
9. Build innovative AI centres and ecosystems
Collaboration among governments, universities and
companies, including hyperscalers, accelerates
innovation. Together, they can build dedicated
technology centres that combine computing centres,
research labs, training and start-up incubation.
These centres do more than coordinate fragmented
partnerships; they create places where talent can
learn, experiment and build. By structuring them
with joint steering groups, multi-year agendas and
pooled funding, countries can align research and
development with national priorities. Publicly funded
R&D programmes and co-developed projects with
academia and industry help ensure that emerging
researchers, engineers and entrepreneurs can
develop cutting-edge skills locally while having
access to clear pathways into industry or start-up
creation. In doing so, these centres not only expand
AI innovation capacity but also increase the likelihood
that highly skilled talent remains in the region,
contributing to a growing and self-sustaining AI ecosystem. Joint public-private funders could both
help equip these centres and act as early customers,
promoting prototypes at scale.
10. Foster regional, cross-sector collaboration
While Latin America could hardly be considered
homogeneous, many countries share a language,
culture and values, which can make collaboration
and partnerships easier. Moreover, with countries
at different stages of AI development, there is an
opportunity to share knowledge, enabling countries
that are more advanced in certain areas to pass
on what they have learned, amplifying impact and
attracting further funding interest.
Useful playbooks for fostering regional collaboration
include the EuroHPC Joint Undertaking for
shared supercomputing, RedCLARA’s BELLA for
research backbones, NIIS for secure cross-border
data exchange and LACChain and LACNet for
regulation-aligned digital public infrastructure. These
existing efforts can be complemented by additional
focus on integrating individual countries’ relevant
digital and physical infrastructures, tapping into
the potential of market scale and unlocking further
critical AI investment.
Realizing this AI roadmap will demand a
collective and coordinated effort among all
stakeholders in Latin America. Only through
shared commitment and unified action can the
region close its AI competitiveness gap and
fully capture the benefits of this transformative
technology. The time for action is now: Latin
America must move decisively from planning
to execution to translate its AI ambitions into
tangible, inclusive growth. To encourage prompt
execution, these actions are categorized into
three phases. The first phase contains actions
that would benefit from immediate attention,
while the second phase expands on these
initial actions. Finally, the third phase focuses
on working to sustain the scaled efforts in
development and collaboration.
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