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Itau Acquires Brazilian AI Startup NeoSpace for $580 Million

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Itau, Latin America's largest bank by assets, has acquired Brazilian AI startup NeoSpace for 2.9 billion real, approximately $580 million, to expand its digital capabilities and accelerate its technology ambitions.

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Key sources

  1. SOURCE@business“Itau, Latin America’s biggest bank by assets, said it acquired Brazilian AI startup NeoSpace, in a 2.9 billion-real ($580 million) deal”x.com
  2. SUPPORT@jornaloglobo“Itaú compra a startup de inteligúncia artificial NeoSpace por US$ 580 milhões”x.com
  3. SOURCEhuggingnewshuggingnews.com
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