Nubank Embraces Major Trend with Silicon Valley A.I. Firm Acquisition

Nubank recently acquired Hyperplane, a Brazilian AI startup boutique based in Silicon Valley, to boost its technological capabilities. Nubank, a Latin American banking giant based in São Paulo, leads the region’s finance industry alongside Itaú Bank, also headquartered in São Paulo. Hyperplane, founded in 2021, enhances financial AI and language models. Initially, they developed models […]