CHILE Trends and Developments Contributed by: Nicolás Yáñez Figueroa and Ornella Otárola Tiozzo, EDN Abogados
and fostering public–private collaboration to expand the sector while upholding high environmental stand- ards. The Plan is structured around three core objectives: • stimulate industry growth by improving investment conditions through regulatory certainty and stream- lined processes; • develop a decentralised and sustainable data cen- tre sector powered by renewable energy, thereby reducing environmental impact; and • promote research and development (R&D) to drive innovation in data technologies. With more than 30 new projects already underway, valued at USD4.2 billion, the Plan is expected to accelerate investment and encourage decentrali- sation, creating opportunities in both northern and southern regions of Chile. In early September 2025, the government of Chile also announced a major investment in High Performance Computing (HPC), funding two projects that will ena- ble the country to develop its own artificial intelligence solutions through the creation of two supercomputing centres specialised in AI, driven by Corfo and the Min- istry of Science, Technology, Knowledge and Innova- tion. In Chile, HPC supercomputers have traditionally been hosted by universities for training models. With this investment, Chile will build the enabling capacities to process and analyse vast volumes of data, devel- oping innovative solutions for sectors such as min- ing, agriculture, energy, manufacturing and services. Importantly, this infrastructure is not intended solely for academic research, but also for private entities to leverage in developing their own business ideas. With this, Chile would become the second country in Latin America in terms of computing power. The government of Chile has also taken care to con- clude agreements with other countries to jointly devel- op areas related, for example, to artificial intelligence. Chile and France have also signed a technology- related agreement: the creation of the Chile–France Binational AI Centre, formalised during President Emmanuel Macron’s visit to Chile in November 2024.
Alongside these public initiatives, the private sector has also made significant investments in Chile’s digital infrastructure. Notably, in July 2025 Microsoft inaugu- rated its first data centre region in Chile. Operating at hyperscale, this region connects Chile to Microsoft’s robust global infrastructure and will also provide ser- vices to other South American countries. According to the company, this new region is expected to generate USD35.3 billion in net new revenues over the next four years from Microsoft, its partners and customers using cloud services. Of this total, approximately USD3.3 billion will be invested directly in Chile, contributing to local economic development and the estimated crea- tion of 81,041 jobs between 2025 and 2029. Chile has reaffirmed its position as a regional bench- mark in innovation, topping the Latin America and Caribbean ranking in the Global Innovation Index (GII) 2025. Globally, the country ranked 51st among 139 economies, consolidating its status as the region’s leading nation in innovation. The GII report, prepared by WIPO, showed Chile outperforming the regional average across all pillars of the index, with particular strength in Market Sophistication, Infrastructure and Institutions, where it ranked among the global top 50. Beyond natural resources, Chile is building a growing technological ecosystem, with incentives for start- ups, incubators and venture capital funds. Sectors such as fintech, mining software, logistics and agro- tech present diversified investment opportunities, reducing dependence on commodities. Investments in infrastructure and technology projects have risen significantly, with initiatives aimed at modernising national infrastructure and driving digital transforma- tion. This surge presents major opportunities for the entrepreneurial ecosystem. Finally, when it comes to recent tech-related M&A deals in Chile, in general terms, 2025 has been a decent year, with a total of 289 transactions for an added value of USD6.010 billion; the specialised soft- ware sector was the most outstanding of the year, with 31 deals, and the internet, software and services sector took second place with 28 deals. Regarding the cross-border market (to date of publication of the guide), Chilean businesses have bet on invest- ing mainly in Mexico and Peru, with seven and six
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