NEWS
Latin America data centre colocation market set for 15.2 % growth through 2031
Latin America’ s data centre colocation market is forecast to expand at a compound annual growth rate of 15.2 % between 2025 and 2031, driven by Digital Transformation, AI adoption and investment in connectivity and renewable energy.
Research and Markets said the regional market is expected to reach US $ 5.09 billion as operators and investors expand capacity across Brazil, Mexico, Chile, Colombia and Argentina.
Brazil remains the region’ s largest data centre market, supported by Internet penetration exceeding 86.5 % in 2025 and policies encouraging Digital Transformation. Mexico is also attracting investment as adoption of digital platforms and emerging technologies accelerates.
Chile and Mexico are targeting carbon neutrality by 2050, while Colombia aims to increase renewable energy’ s contribution to its energy mix.
Major investors active across the region include Ascenty, Cirion Technologies, Elea Data Centers, Equinix, KIO Data Centers, ODATA and Scala Data Centers. New entrants including Ada Infrastructure, CloudHQ, Layer 9 Data Centers and TECfusions are also targeting opportunities.
By 2031, the report expects substantial increases in installed power capacity and data centre floor space as demand for cloud, AI and digital services grows across Latin America’ s major metropolitan markets.
Colombia is strengthening its technology infrastructure, with Claro investing more than US $ 200 million in fibre-optic expansion to support advanced services including AI. Chile continues to develop its technology ecosystem through policies focused on digital skills and cybersecurity, while Argentina is positioning itself as a potential global AI hub.
Sustainability is becoming increasingly important as operators seek access to renewable power and more efficient infrastructure.
Decade raises US $ 85 million in record LATAM seed round for AI wealth platform
Brazilian AI wealth management start-up Decade has emerged from stealth after raising US $ 85 million in what it described as the largest seed round secured by a Latin American start-up.
The round was backed by Greenoaks, Benchmark and Diffusion, giving Decade substantial funding to develop an AInative wealth advisory service aimed initially at Brazil.
Founded by former Nubank Chief Technology Officer Vitor Olivier and Hyperplane founder Felipe Meneses, Decade plans to combine artificial intelligence with human financial advisers. The company said its technology would analyse customers’ financial circumstances, spending and investments to provide personalised guidance.
Olivier was an early Nubank engineer before becoming CTO as the digital bank expanded across Latin America. Meneses founded financial services AI specialist Hyperplane, which Nubank acquired, bringing the two executives together to work on major AI initiatives.
Decade said Brazil’ s financial infrastructure provided fertile ground for its model, citing the rapid adoption of Pix and Open Finance. However, it argued that many consumers still struggled to turn access to financial products and information into effective long-term investment decisions.
Each Decade client will be paired with a senior human adviser and a proprietary AI model designed to understand their financial context and retain previous conversations. The system will continuously monitor spending and investment portfolios while supporting advisers with market analysis and financial modelling.
Olivier said managing personal finances had effectively become a“ second job”, while Meneses argued AI could reduce information asymmetry in financial services and make sophisticated wealth management available to a much broader audience. www. intelligentcio. com
INTELLIGENT CIO LATAM
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