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The article explores the Millennium Institute for Foundational Research on Data (IMFD), which was founded in June 2018 by the Millennium Science Initiative of the Chilean National Agency of Research and Development. IMFD is a joint initiative led by the various Chilean universities including the Universidad de Chile. Several of IMFD's research projects are also discussed including "Data for the study of complex social problems," "Query answering methods for emerging requirements," and "Explainable artificial intelligence."