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The center comes from a partnership between the Institute for Robotic Process Automation and Artificial Intelligence (IRPA AI) and Ruta N

Amaris manager Sara Mondragón highlighted Medellín's "innovative and challenging environment" as a key reason to expand into Colombia.

“We want AI to be a new source of high-quality jobs and income for our people," said Elkin Echeverri, director of planning and prospective at Ruta N.

"It was critical to implement a solution that went beyond regulatory requirements," said Luis Santiago Perdomo Maldonado, CEO of Banco Colpatria.

Over the past decade, the cloud has moved from something that was something of a novelty to an essential business service. Before, what was seen as a tech-world phenomenon that some companies found use for is now simply a part of the everyday fabric of operations. Amazon Web...

“Medellín has stood out as a pacesetter, not only in Colombia but in Latin America," said Natalia Martínez-Kalínina of the Cambridge Innovation Center.

"You could say that this is a year of transition, and we are adjusting ourselves to a new reality,” said Juan Carlos González of Yamaha Incolmotos

"Places like this are important for Medellín because they are the starting point for innovation to become the main driver of the city’s economy," said María Fernanda Galeano.

With startup financing often scarce, the goal is to offer "credit that better fits the particular focus of these companies," said Bancóldex President Luis Fernando.

Kaptar is an innovative project in Medellín that is "trying to take advantage of that economic potential" of waste material.