InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

E-commerce: 49% of Chileans are intensive internet shoppers

InvestChile - November,3,2023

A survey by Mercado Libre and GfK revealed that those between 25 and 34 years old and over 65 are most likely to report being heavy e-commerce users.

Topics: Global services- Digital Economy- e-commerce

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Chile leads regional initiative on ethical Artificial Intelligence

InvestChile - October,25,2023

The South American country is leading the Santiago Declaration to Promote Ethical Artificial Intelligence in Latin America and the Caribbean, which brings together 20 nations to find a common voice for AI regulation and governance in the region.

Topics: Global services- Digital Economy- Artificial Intelligence

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Promoting digital talent: Google awards 3,500 scholarships in Chile

InvestChile - June,8,2023

With the aim of promoting technological skills and generating job opportunities in the digital sector, Google’s initiative is an example of the type of investment that will allow the country to close gaps, strengthen a high-value sector and improve the skills of the Chilean people.  

Topics: Global services- Digital Economy- Talent

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Digital identification: A key to inclusive growth in Chile

InvestChile - October,27,2022

ClaveÚnica (Unique Key) has more than 14 million active users since its implementation. It can currently be used to carry out more than 1,600 procedures in the public sector. Two-step authentication will be implemented in 2023, preventing malicious use and identity theft.  

Topics: Digital Economy- Chilean Economy

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Chile promotes digital talent with 1,000 specialization scholarships

InvestChile - September,8,2022

Talento Digital para Chile, InvestChile and CORFO will work alongside leading companies in the export of information technology services to expand access to quality jobs and position Chile as an exporter of technological services.  

Topics: Technology- Digital Economy- Education- Talent

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Index places Chile among regional leaders in digital maturity

InvestChile - June,23,2022

Chile stands out as one of the most advanced countries in Latin America, and is above the global average in the index produced by EY based on surveys in 15 of the region’s economies.  

Topics: Digital Economy

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Amazon satellite internet to be available in Chile from 2023

InvestChile - May,12,2022

Jeff Bezos’ company will be able to install, operate and exploit tracking, telemetry and command stations in Chile. They will connect to the Kuiper Systems satellite constellation, the Amazon division that is directing the project globally. 

Topics: Digital Economy

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Amazon Web Services announces new data center in Santiago

InvestChile - February,18,2022

The company has chosen Santiago as the site for one of its 30 new Local Zones worldwide, which will be up and running between this year and next. The facility will encompass computing, warehousing and database services.

Topics: Digital Economy

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AI video editing startup closes investment round in the US

InvestChile - January,7,2022

Runway developed software to automate video editing and generate new content based on algorithms by writing a simple sentence. It has just raised US$35 million with Coatue - which has worked with Tesla, Spotify and Snap -  as the main investor. 

Topics: Digital Economy

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Key elements of Chile’s digital services tax

InvestChile - December,28,2021

The measure has generated US$306 million in tax revenue since its implementation. Google, Netflix and Apple have paid the most, followed by the Sony, Spotify and Facebook platforms. The United States has the highest number of entities subject to the tax in Chile, with a total of 112 companies.

Topics: Digital Economy

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JOKR raises US$260 million investment and becomes a unicorn

InvestChile - December,15,2021

Now with a presence in more than seven countries, the company started its global operations eight months ago and its Chilean operations less than two months ago. The company promises delivery in less than 15 minutes.  

Topics: Digital Economy

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Google Cloud: «We see Chile as a digital hub for Latin America»

InvestChile - December,3,2021

The company’s global CEO, Thomas Kurian, explains the reasons why they decided to launch their Cloud Region in the country today: economic strength, presence of large industries and creative companies, and professional expertise.

Topics: Global services- Technology- Digital Economy

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Chile activates US technological investments for US$1 billion

InvestChile - November,8,2021

InvestChile met with representatives from companies such as AWS, EdgeConnex, Synopsys, SpaceX, Netflix, ViacomCBS and KKR, among others.  

Topics: Global services- Technology- Digital Economy- Chilean Economy- Foreign companies

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Chile: The heart of Latin America’s tech hub

InvestChile - September,30,2021

The South American country is forecasting technology investments totaling US$4.3 billion and 8,600 new jobs for digital talent. Foreign investment will be key to achieving these targets. 

Topics: Technology- Digital Economy

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OECD: Chile among the countries with the highest growth in fiber optic

InvestChile - September,7,2021

The South American country ranks sixth among the organization’s 38 member states, behind Belgium, Austria, Israel, Ireland and the United Kingdom. 

Topics: Technology- Digital Economy- Optical Fiber

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Chile launches new manual for global services exports

InvestChile - September,2,2021

Chile, which has 21 chapters dedicated to the service sector in its current trade agreements with 56 economies, has now launched the first “Manual for Service Exports and Free Trade Agreement Opportunities.” 

Topics: Digital Economy

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SpaceX to put 10 new Chilean satellites into orbit

InvestChile - May,28,2021

The Chilean government has signed a contract with the Israeli company ImageSat International to manufacture eight of these devices in the Cerrillos National Space Center that is to be built in Santiago, Chile.

Topics: Digital Economy

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Chile to deploy a new undersea cable

InvestChile - May,27,2021

The project, which will be developed by Claro Chile and Telxius and supplied by Subcom, will interconnect the Pacific coast of Latin America, with landing points in Chile, Peru, Ecuador and Guatemala.

Topics: Digital Economy- Submarine cable

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The 10 milestones of Google’s first decade in Chile

InvestChile - April,30,2021

In 2011, the technology company opened a small office in Santiago, Chile, motivated by the potential of a country of early adopters. Today, not only has it multiplied its services for companies and individuals but it has also invested in critical infrastructure for digital transformation throughout Latin America. 

Topics: Digital Economy- Data Center

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Oracle: «Chile is becoming a hub for foreign investment in technology»

InvestChile - March,24,2021

Oracle Chile CEO Soledad Matos says that this trend “will definitely promote economic recovery.”

Topics: Digital Economy

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