IBOV 177,816 ▲ 0.91% IPSA 10,826 ▲ 2.48% IPC MEX 68,261 ▼ 0.11% MERVAL 2,846,220 ▼ 1.08% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.01 ▼ 0.55% USD/MXN 17.28 ▼ 0.30% USD/CLP 893.70 ▼ 0.86% USD/COP 3,632 ▼ 1.40% USD/PEN 3.40 ▼ 0.48% USD/ARS 1,399 ▼ 0.14% USD/UYU 39.96 ▲ 0.10% USD/PYG 6,158 ▲ 1.55% USD/BOB 6.86 ▲ 0.15% USD/DOP 58.75 ▼ 0.19% USD/CRC 449.07 ▼ 0.64% USD/GTQ 7.62 ▼ 0.06% USD/HNL 26.62 ▲ 0.01% USD/NIO 36.62 — 0.00% USD/VES 529.18 ▼ 0.13% USD/PAB 1.00 ▲ 2.57% USD/BZD 2.00 ▲ 1.66% USD/JMD 156.59 ▲ 0.47% USD/TTD 6.72 ▲ 0.97% EUR/BRL 5.83 ▼ 0.16% BRENT 94.53 ▼ 8.70% WTI 91.01 ▼ 5.79% IRON ORE 161.91 — — COPPER 6.46 ▲ 1.92% GOLD 4,578 ▲ 1.27% SILVER 78.54 ▲ 3.48% SOY 1,197 ▲ 0.19% CORN 463.25 ▲ 0.22% WHEAT 646.25 ▼ 0.19% COFFEE 264.00 ▼ 3.44% SUGAR 14.68 ▼ 1.48% ORANGE JUICE 166.80 ▲ 0.12% COTTON 77.34 ▼ 0.82% COCOA 3,886 ▲ 3.16% BEEF 239.60 ▼ 3.83% CATTLE 349.85 ▼ 5.22% LITHIUM 85.28 ▲ 1.07% PETR4 43.40 ▼ 2.43% VALE3 83.59 ▲ 0.59% ITUB4 40.32 ▲ 2.26% BBDC4 18.07 ▲ 2.55% ABEV3 16.40 ▲ 1.86% BBAS3 21.65 ▲ 3.39% B3SA3 17.26 ▲ 3.60% WEGE3 43.31 ▲ 1.36% PRIO3 64.31 ▼ 5.98% SUZB3 41.41 ▼ 0.70% RENT3 44.90 ▲ 3.58% AZZA3 20.89 ▲ 0.82% CSAN3 4.39 ▲ 2.33% RAIZ4 0.41 ▲ 5.13% PCAR3 2.07 ▼ 0.48% GMAT3 4.45 ▲ 1.37% PSSA3 49.24 ▲ 0.14% CVCB3 1.78 ▲ 0.57% POSI3 4.10 ▲ 0.99% SLCE3 16.22 ▲ 0.93% NATU3 10.53 ▲ 4.26% BRKM5 12.40 ▲ 3.59% RANI3 8.03 ▼ 0.62% CSNA3 6.72 ▼ 0.15% CMIN3 4.49 ▲ 0.22% USIM5 10.02 ▼ 3.19% GGBR4 24.18 ▲ 0.71% ENEV3 25.22 ▲ 1.04% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.02% CMIG4 11.27 ▲ 0.45% EQTL3 38.50 ▲ 2.20% LREN3 15.41 ▲ 2.26% VIVT3 33.54 ▼ 0.05% RAIL3 14.36 ▲ 1.06% KLABIN 16.55 ▲ 0.55% RAIA DROGASIL 18.48 ▲ 1.59% RDOR3 34.51 ▲ 1.29% HAPV3 12.40 ▲ 2.90% FLRY3 15.92 ▲ 1.47% SMTO3 17.31 ▼ 1.65% UGPA3 28.44 ▼ 0.91% VBBR3 32.28 ▼ 1.44% BBSE3 34.62 ▲ 0.44% BPAC11 55.90 ▲ 3.65% CURY3 31.88 ▲ 4.42% AERI3 2.35 ▼ 2.08% VIVARA 22.73 ▲ 2.43% COMPASS 27.26 ▲ 1.34% VAMOS 3.37 ▲ 3.69% SANB11 27.64 ▲ 1.99% ASAI3 9.12 ▲ 8.06% SBSP3 29.10 ▲ 2.25% WALMEX 55.26 ▼ 0.52% GMEXICO 206.26 ▲ 0.59% FEMSA 210.75 ▲ 0.33% CEMEX 22.08 ▲ 1.28% GFNORTE 189.00 ▼ 0.92% BIMBO 57.81 ▼ 0.41% TELEVISA 9.65 ▼ 1.13% AMX 22.25 ▼ 2.15% GAP 426.00 ▲ 2.19% ASUR 301.76 ▼ 2.25% OMA 227.49 ▲ 2.33% KOF 187.98 ▲ 1.45% GRUMA 295.57 ▲ 1.06% KIMBER 37.65 ▲ 0.08% SQM-B 73,510 ▲ 2.17% COPEC 6,420 ▲ 0.32% BSANTANDER 71.58 ▲ 1.97% FALABELLA 5,929 ▲ 3.67% ENELAM 78.50 ▲ 1.95% CENCOSUD 2,200 ▲ 3.97% CMPC 1,145 ▲ 4.57% BANCO CHILE 172.21 ▲ 1.90% LATAM AIR 23.75 ▲ 5.14% YPF 71,025 ▲ 0.25% GGAL 6,455 ▼ 0.54% PAMPA 4,793 ▼ 0.93% TXAR 638.00 ▲ 0.08% ALUAR 947.00 ▲ 2.05% TGS 8,685 ▼ 1.81% CEPU 2,077 ▼ 3.03% MIRGOR 16,350 ▲ 0.46% COME 43.70 ▼ 2.35% LOMA NEGRA 3,275 ▼ 2.24% BYMA 286.00 ▲ 3.44% TELECOM ARG 3,493 ▼ 1.06% ECOPETROL 13.85 ▼ 0.07% BANCOLOMBIA 65.88 ▼ 0.66% GRUPO AVAL 4.23 ▼ 0.70% CREDICORP 334.30 ▼ 2.82% SOUTHERN COPPER 179.67 ▲ 0.31% BUENAVENTURA 33.46 ▼ 0.74% MERCADOLIBRE 1,664 ▼ 0.80% NUBANK 12.73 ▼ 3.27% XP 16.82 ▼ 6.14% PAGSEGURO 9.14 ▼ 1.93% STONE 11.00 ▼ 0.90% GLOBANT 40.13 ▼ 1.23% TECNOGLASS 41.16 ▼ 0.10% GAP AIRPORT 240.40 ▼ 1.52% ASUR 301.76 ▼ 2.25% OMA AIRPORT 103.21 ▼ 1.38% AMX ADR 26.14 ▼ 0.72% FEMSA ADR 121.28 ▼ 0.10% CEMEX ADR 12.56 ▼ 0.24% PETROBRAS ADR 19.90 ▼ 0.65% VALE ADR 16.48 ▲ 0.06% ITAU ADR 7.82 ▼ 2.25% SANTANDER BR 5.39 ▼ 3.06% AMBEV ADR 3.20 ▼ 2.14% CSN 1.35 ▲ 5.47% GERDAU 4.75 ▲ 1.06% LATAM ADR 49.89 ▼ 2.06% BTC 77,185 ▲ 0.26% ETH 2,107 ▲ 0.42% SOL 84.95 ▼ 0.35% XRP 1.35 ▼ 0.05% BNB 662.10 ▲ 0.91% ADA 0.24 ▲ 0.36% DOGE 0.10 ▼ 0.17% AVAX 9.30 ▲ 1.01% LINK 9.48 ▲ 0.53% DOT 1.26 ▲ 1.23% LTC 52.58 ▼ 0.35% BCH 349.48 ▲ 0.76% TRX 0.37 ▲ 1.80% XLM 0.15 ▲ 1.54% HBAR 0.09 ▼ 0.19% NEAR 2.77 ▲ 15.94% ATOM 2.14 ▲ 4.27% AAVE 86.16 ▲ 0.73% SELIC 14.50% EMBRAER 73.28 ▲ 1.31% EMBRAER ADR 57.58 ▲ 1.88% JBS 13.21 ▼ 0.53% JBS BDR 66.45 ▲ 0.32% MBRF3 16.24 ▼ 2.17% MBRFY 3.34 ▲ 0.30% INTER 6.16 ▼ 3.75% IBOV 177,816 ▲ 0.91% IPSA 10,826 ▲ 2.48% IPC MEX 68,261 ▼ 0.11% MERVAL 2,846,220 ▼ 1.08% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.01 ▼ 0.55% USD/MXN 17.28 ▼ 0.30% USD/CLP 893.70 ▼ 0.86% USD/COP 3,632 ▼ 1.40% USD/PEN 3.40 ▼ 0.48% USD/ARS 1,399 ▼ 0.14% USD/UYU 39.96 ▲ 0.10% USD/PYG 6,158 ▲ 1.55% USD/BOB 6.86 ▲ 0.15% USD/DOP 58.75 ▼ 0.19% USD/CRC 449.07 ▼ 0.64% USD/GTQ 7.62 ▼ 0.06% USD/HNL 26.62 ▲ 0.01% USD/NIO 36.62 — 0.00% USD/VES 529.18 ▼ 0.13% USD/PAB 1.00 ▲ 2.57% USD/BZD 2.00 ▲ 1.66% USD/JMD 156.59 ▲ 0.47% USD/TTD 6.72 ▲ 0.97% EUR/BRL 5.83 ▼ 0.16% BRENT 94.53 ▼ 8.70% WTI 91.01 ▼ 5.79% IRON ORE 161.91 — — COPPER 6.46 ▲ 1.92% GOLD 4,578 ▲ 1.27% SILVER 78.54 ▲ 3.48% SOY 1,197 ▲ 0.19% CORN 463.25 ▲ 0.22% WHEAT 646.25 ▼ 0.19% COFFEE 264.00 ▼ 3.44% SUGAR 14.68 ▼ 1.48% ORANGE JUICE 166.80 ▲ 0.12% COTTON 77.34 ▼ 0.82% COCOA 3,886 ▲ 3.16% BEEF 239.60 ▼ 3.83% CATTLE 349.85 ▼ 5.22% LITHIUM 85.28 ▲ 1.07% PETR4 43.40 ▼ 2.43% VALE3 83.59 ▲ 0.59% ITUB4 40.32 ▲ 2.26% BBDC4 18.07 ▲ 2.55% ABEV3 16.40 ▲ 1.86% BBAS3 21.65 ▲ 3.39% B3SA3 17.26 ▲ 3.60% WEGE3 43.31 ▲ 1.36% PRIO3 64.31 ▼ 5.98% SUZB3 41.41 ▼ 0.70% RENT3 44.90 ▲ 3.58% AZZA3 20.89 ▲ 0.82% CSAN3 4.39 ▲ 2.33% RAIZ4 0.41 ▲ 5.13% PCAR3 2.07 ▼ 0.48% GMAT3 4.45 ▲ 1.37% PSSA3 49.24 ▲ 0.14% CVCB3 1.78 ▲ 0.57% POSI3 4.10 ▲ 0.99% SLCE3 16.22 ▲ 0.93% NATU3 10.53 ▲ 4.26% BRKM5 12.40 ▲ 3.59% RANI3 8.03 ▼ 0.62% CSNA3 6.72 ▼ 0.15% CMIN3 4.49 ▲ 0.22% USIM5 10.02 ▼ 3.19% GGBR4 24.18 ▲ 0.71% ENEV3 25.22 ▲ 1.04% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.02% CMIG4 11.27 ▲ 0.45% EQTL3 38.50 ▲ 2.20% LREN3 15.41 ▲ 2.26% VIVT3 33.54 ▼ 0.05% RAIL3 14.36 ▲ 1.06% KLABIN 16.55 ▲ 0.55% RAIA DROGASIL 18.48 ▲ 1.59% RDOR3 34.51 ▲ 1.29% HAPV3 12.40 ▲ 2.90% FLRY3 15.92 ▲ 1.47% SMTO3 17.31 ▼ 1.65% UGPA3 28.44 ▼ 0.91% VBBR3 32.28 ▼ 1.44% BBSE3 34.62 ▲ 0.44% BPAC11 55.90 ▲ 3.65% CURY3 31.88 ▲ 4.42% AERI3 2.35 ▼ 2.08% VIVARA 22.73 ▲ 2.43% COMPASS 27.26 ▲ 1.34% VAMOS 3.37 ▲ 3.69% SANB11 27.64 ▲ 1.99% ASAI3 9.12 ▲ 8.06% SBSP3 29.10 ▲ 2.25% WALMEX 55.26 ▼ 0.52% GMEXICO 206.26 ▲ 0.59% FEMSA 210.75 ▲ 0.33% CEMEX 22.08 ▲ 1.28% GFNORTE 189.00 ▼ 0.92% BIMBO 57.81 ▼ 0.41% TELEVISA 9.65 ▼ 1.13% AMX 22.25 ▼ 2.15% GAP 426.00 ▲ 2.19% ASUR 301.76 ▼ 2.25% OMA 227.49 ▲ 2.33% KOF 187.98 ▲ 1.45% GRUMA 295.57 ▲ 1.06% KIMBER 37.65 ▲ 0.08% SQM-B 73,510 ▲ 2.17% COPEC 6,420 ▲ 0.32% BSANTANDER 71.58 ▲ 1.97% FALABELLA 5,929 ▲ 3.67% ENELAM 78.50 ▲ 1.95% CENCOSUD 2,200 ▲ 3.97% CMPC 1,145 ▲ 4.57% BANCO CHILE 172.21 ▲ 1.90% LATAM AIR 23.75 ▲ 5.14% YPF 71,025 ▲ 0.25% GGAL 6,455 ▼ 0.54% PAMPA 4,793 ▼ 0.93% TXAR 638.00 ▲ 0.08% ALUAR 947.00 ▲ 2.05% TGS 8,685 ▼ 1.81% CEPU 2,077 ▼ 3.03% MIRGOR 16,350 ▲ 0.46% COME 43.70 ▼ 2.35% LOMA NEGRA 3,275 ▼ 2.24% BYMA 286.00 ▲ 3.44% TELECOM ARG 3,493 ▼ 1.06% ECOPETROL 13.85 ▼ 0.07% BANCOLOMBIA 65.88 ▼ 0.66% GRUPO AVAL 4.23 ▼ 0.70% CREDICORP 334.30 ▼ 2.82% SOUTHERN COPPER 179.67 ▲ 0.31% BUENAVENTURA 33.46 ▼ 0.74% MERCADOLIBRE 1,664 ▼ 0.80% NUBANK 12.73 ▼ 3.27% XP 16.82 ▼ 6.14% PAGSEGURO 9.14 ▼ 1.93% STONE 11.00 ▼ 0.90% GLOBANT 40.13 ▼ 1.23% TECNOGLASS 41.16 ▼ 0.10% GAP AIRPORT 240.40 ▼ 1.52% ASUR 301.76 ▼ 2.25% OMA AIRPORT 103.21 ▼ 1.38% AMX ADR 26.14 ▼ 0.72% FEMSA ADR 121.28 ▼ 0.10% CEMEX ADR 12.56 ▼ 0.24% PETROBRAS ADR 19.90 ▼ 0.65% VALE ADR 16.48 ▲ 0.06% ITAU ADR 7.82 ▼ 2.25% SANTANDER BR 5.39 ▼ 3.06% AMBEV ADR 3.20 ▼ 2.14% CSN 1.35 ▲ 5.47% GERDAU 4.75 ▲ 1.06% LATAM ADR 49.89 ▼ 2.06% BTC 77,185 ▲ 0.26% ETH 2,107 ▲ 0.42% SOL 84.95 ▼ 0.35% XRP 1.35 ▼ 0.05% BNB 662.10 ▲ 0.91% ADA 0.24 ▲ 0.36% DOGE 0.10 ▼ 0.17% AVAX 9.30 ▲ 1.01% LINK 9.48 ▲ 0.53% DOT 1.26 ▲ 1.23% LTC 52.58 ▼ 0.35% BCH 349.48 ▲ 0.76% TRX 0.37 ▲ 1.80% XLM 0.15 ▲ 1.54% HBAR 0.09 ▼ 0.19% NEAR 2.77 ▲ 15.94% ATOM 2.14 ▲ 4.27% AAVE 86.16 ▲ 0.73% SELIC 14.50% EMBRAER 73.28 ▲ 1.31% EMBRAER ADR 57.58 ▲ 1.88% JBS 13.21 ▼ 0.53% JBS BDR 66.45 ▲ 0.32% MBRF3 16.24 ▼ 2.17% MBRFY 3.34 ▲ 0.30% INTER 6.16 ▼ 3.75%
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Monday, May 25, 2026

Latin America’s A.I. Frontier: Chile, Brazil, and Uruguay Lead the Charge

By · September 26, 2024 · 2 min read

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Chile, Brazil, and Uruguay have emerged as frontrunners in artificial intelligence (AI) adoption across Latin America.

A recent report, backed by the Economic Commission for Latin America and the Caribbean (ECLAC), highlights this trend. The study, presented in Santiago, Chile, reveals the region’s progress in AI implementation.

For the second consecutive year, Chile tops the Latin American Artificial Intelligence Index (Ilia). This index evaluates AI applications across 19 countries in the region.

Brazil and Uruguay follow closely, securing the second and third positions, respectively. The National Center for Artificial Intelligence of Chile (Cenia) spearheaded the report’s creation.

ECLAC, the European Union, private companies, and universities supported this endeavor. The study assessed various factors to determine AI advancement in each country.

Latin America's A.I. Frontier: Chile, Brazil, and Uruguay Lead the Charge
Latin America’s A.I. Frontier: Chile, Brazil, and Uruguay Lead the Charge. (Photo Internet reproduction)

Research progress, innovation capabilities, infrastructure development, data availability, and human talent cultivation formed the core evaluation criteria.

Chile scored an impressive 73.07 points out of 100, showcasing its AI leadership in the region. Brazil’s strong performance earned it 69.3 points, while Uruguay secured 64.98 points.

These three nations excel in technological infrastructure and specialized talent development. Their scientific productivity and innovation capacity also stand out among their regional peers.

Challenges in AI Implementation in Latin America

Despite these achievements, Latin America faces significant challenges in AI implementation. Rodrigo Durán, Cenia’s executive director, points out a crucial issue plaguing the region.

He notes a lack of urgency in adopting AI technologies, despite widespread interest. One of the most pressing concerns for Latin American countries is talent retention.

The region struggles to develop and keep AI specialists within its borders. This challenge has led to a notable “brain drain” in the field of artificial intelligence.

The report underscores the need for targeted strategies to nurture local AI talent. It also emphasizes the importance of creating attractive opportunities to prevent skilled professionals from leaving.

These efforts could significantly boost Latin America’s AI capabilities in the coming years. While progress is evident, the region still lags behind the United States and Europe in AI development.

This gap presents both a challenge and an opportunity for Latin American nations. By focusing on their strengths and addressing key issues, they can work towards narrowing this technological divide.

The study serves as a valuable tool for policymakers and industry leaders. It provides insights into the current state of AI in Latin America and highlights areas for improvement.

As AI continues to shape global economies, the region’s efforts to advance in this field become increasingly crucial.

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