Chile Artificial Intelligence Market Analysis, Size, and Forecast by Type, Deployment Model, Industry, and Organization Size: 2019-2033

Chile Artificial Intelligence Market Outlook

As per David Gomes, Manager – IT, Chile is rapidly emerging as a pioneering force in the Latin American artificial intelligence market, underpinned by a robust national AI policy and reinforced by legislative innovation. With a ten-year strategic roadmap in place, Chile has committed over $26 billion towards AI-related initiatives spanning digital infrastructure, 5G deployment, cloud storage expansion, and talent development. This assertive investment posture reflects Chile’s ambition to position itself as a regional AI powerhouse by 2030. The market’s expansion is fueled not only by financial commitment but also by the government’s forward-looking regulatory framework that emphasizes ethical, inclusive, and human-centered AI deployment.

The cornerstone of Chile’s AI revolution is its National Policy on Artificial Intelligence, launched by the Ministry of Science, Technology, Knowledge, and Innovation. Developed through an extensive public consultation involving more than 8,000 participants, this policy is anchored on three strategic pillars: development of enabling factors, promotion of AI technology and its application in industry, and governance through ethical oversight and safety regulation. This framework reflects an integrated vision that balances innovation with citizen protection—an approach aligned with the latest AI trends globally.

Chile’s new AI Bill further solidifies its regulatory maturity by introducing a risk-based classification system similar to the EU AI Act. It outlines compliance obligations for AI providers and implementers, categorizing systems into unacceptable, high, limited, and no-obvious risk tiers. AI tools that infringe on human dignity, manipulate behavior, or violate privacy are outright banned, while high-risk applications must adhere to rigorous transparency and accountability norms. The law grants oversight powers to the newly formed Artificial Intelligence Technical Advisory Council and the Personal Data Protection Agency, underscoring Chile’s institutional readiness to govern AI in both public and private sectors.

From a talent standpoint, Chile is actively developing human capital by offering AI doctoral scholarships, incentivizing R&D partnerships, and fostering public-private collaborations. These efforts aim to bridge the AI skills gap and create a sustainable innovation ecosystem. As an example, the University of Chile and Pontificia Universidad Católica are spearheading AI research centers that focus on real-world applications in healthcare, mining, and environmental monitoring. Furthermore, Chile’s tech startup landscape is gaining momentum, with local ventures like Zippedi and NotCo utilizing machine learning to optimize retail operations and food innovation, respectively.

Chile’s AI ambitions are not confined to national borders. Bilateral cooperation with China, especially under the Belt and Road Initiative, is set to boost joint investments in AI, biomedicine, and digital infrastructure. Chinese President Xi Jinping and Chilean President Gabriel Boric have reaffirmed their commitment to collaborative innovation, creating new channels for trade, technology exchange, and multilateral dialogue. This cross-border engagement opens further opportunities for Chilean firms to scale AI innovations and attract global investors interested in frontier markets.

Chile also stands out as the first country to complete UNESCO’s Readiness Assessment Methodology (RAM) for AI, earning global recognition for its ethical AI leadership. UNESCO Director-General Audrey Azoulay praised Chile for its inclusive and accountable policy-making model. These credentials are expected to enhance Chile’s influence in shaping international AI governance standards, especially in the Global South.

With increasing demand for AI in sectors like energy, logistics, education, and financial services, Chile’s AI adoption curve is accelerating. The OECD AI Dashboard notes that AI use cases in the Chilean public sector are driving efficiency and citizen service improvements, particularly in smart transportation and healthcare diagnostics. Venture capital is flowing into Chile’s AI ecosystem, with funding rounds targeting scalable platforms that support automation, predictive analytics, and natural language processing.

In summary, Chile’s artificial intelligence market is transitioning from policy intent to high-impact implementation. Strategic investments, ethical legislation, skilled workforce development, and international cooperation are aligning to create a resilient AI economy. Chile is no longer a follower in the AI race—it’s positioning itself as a regional leader with global aspirations.

Authors: David Gomes (Manager – IT)

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

Chile Artificial Intelligence Market Scope