  Artificial intelligence (AI) is rapidly transforming the global economy, and
Latin America is no exception. In recent years, there has been a growing
interest in AI development and implementation in the region. This paper
presents a ranking of Latin American (LATAM) countries based on their potential
to become emerging powers in AI. The ranking is based on three pillars:
infrastructure, education, and finance. Infrastructure is measured by the
availability of electricity, high-speed internet, the quality of
telecommunications networks, and the availability of supercomputers. Education
is measured by the quality of education and the research status. Finance is
measured by the cost of investments, history of investments, economic metrics,
and current implementation of AI.
  While Brazil, Chile, and Mexico have established themselves as major players
in the AI industry in Latin America, our ranking demonstrates the new emerging
powers in the region. According to the results, Argentina, Colombia, Uruguay,
Costa Rica, and Ecuador are leading as new emerging powers in AI in Latin
America. These countries have strong education systems, well-developed
infrastructure, and growing financial resources. The ranking provides a useful
tool for policymakers, investors, and businesses interested in AI development
in Latin America. It can help to identify emerging LATAM countries with the
greatest potential for AI growth and success.
