Technologies for providing a multi-tenant local breakout switching and dynamic load balancing include a network device to receive network traffic that includes a packet associated with a tenant. Upon a determination that the packet is encrypted, a secret key associated with the tenant is retrieved. The network device decrypts a payload from the packet using the secret key. The payload is indicative of one or more characteristics associated with network traffic. The network device evaluates the characteristics and determines whether the network traffic is associated with a workload requesting compute from a service hosted by a network platform. If so, the network device forwards the network traffic to the service.