Itaú Unibanco Bets Big on AI with NeoSpace Investment

Itaú Unibanco, Brazil’s largest bank, has acquired a 15% stake in NeoSpace, a startup specializing in generative AI for finance. This move, part of an $18 million funding round, signals Itaú’s commitment to enhancing its digital capabilities. NeoSpace, founded in 2023 by the team behind tech company Zup, aims to revolutionize customer interactions in banking. […]