This year, Latin America will have a strong presence at one of the world’s most important technology summits. This event will address the impact of artificial intelligence on business with a view to boosting its implementation in all development scenarios.

There’s no doubt that artificial intelligence has made a huge leap into everyday life and the business world. In its study, “The Economic Potential of Generative AI: The Next Productivity Frontier,” McKinsey & Company highlights that AI has significant potential in terms of productivity and economic value.

Specifically, generative AI can add $2.6–4.4 trillion in annual value to businesses by accelerating customer service and insight tasks, according to 2023 estimates.

McKinsey also identifies AI as a cross-cutting trend, with a focus on application-specific agents and chips to bring use cases to production.

In this framework, the heart of San Francisco will host SF Tech Week, an event that will bring together the world’s leading founders, funds, and innovative companies, led by the renowned venture capital firm Andreessen Horowitz (a16z).

The agenda will spotlight the major transformations driven by artificial intelligence across fields such as venture capital, infrastructure, law, sports, creativity, and more.

This year, Latin America will have a strong presence, with organizers and participants such as Jumpstart (an immigration legal-tech company that helps professionals and entrepreneurs establish themselves in the U.S.), and the Latin American venture capital funds Latitud and LatinLeap.

Also notable are the participation of the consulates general of Brazil, Chile, Colombia, Mexico, Peru, and Uruguay.

Companies with Latin American leadership, including Vercel (led by Guillermo Rauch of Argentina) and Brex (founded by Brazilians Henrique Dubugras and Pedro Franceschi), are also part of the event.

This reflects the growing number of Latinx founders in the region and the U.S., accelerated by the expansion of remote work and the accessibility of AI development.

“From talent to technology, we have the capacity to make that leap from our region to Silicon Valley and the world. What’s missing is erasing borders,” says Fabiano Rocha, founder and CEO of Jumpstart.

“SF Tech Week is the perfect time to foster connections, visibility, and opportunities for Latin American founders with global ambitions,” Rocha emphasizes.

Jumpstart, Latitud, Reach Capital, and Perkins Cole will also host a meeting titled “Global Ambitions,” highlighting Latin American leaders who have built unicorns and scaled internationally, and fostering connections with founders aiming for global expansion.

This article is a summarized adaptation of content originally published by Forbes Centroamérica. To read the full version, visit the original site: forbescentroamerica.com