Brazil is emerging as a world-class AI innovation hub

  • “In Oxford Insights’ AI Readiness Index 2019, Brazil was ranked 40 out of 192 countries, a sign that the South American powerhouse is moving up in the AI world.
  • Accenture forecast that by 2035 AI will boost annual growth rates across South America by about one full percentage point of GDP
  • One area that’s particularly ripe for AI innovation is the financial services sector that was hit hard, and then heavily regulated, after major bank crashes in the 1980s and 1990s.
  • Mary Meeker’s Internet Trends 2019 report ranks Brazil’s population as the fifth largest group of internet consumers in the world.”

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