Latin America Seeks to Compete in Global AI Race Through Strategic Investments and Collaborations
Latin America is positioning itself as a contender in the global AI industry by leveraging local strengths, public incentives, and strategic collaborations. The region has seen significant growth in AI investments, accounting for 1.12% of global AI spending in 2025. Countries like Mexico and Brazil lead in AI projects and funding, supported by government programs offering non-repayable funds, soft loans, and tax benefits. Latin American companies are focusing on AI solutions that address local challenges in sectors such as infrastructure, finance, and agriculture, making their technologies globally relevant and scalable.