---
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canonical_url: "https://aidr.today/5c844496?lang=en"
title: "Itau Acquires Brazilian AI Startup NeoSpace for $580 Million"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
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published_at: "2026-10-26T12:22:52.000Z"
category: "Industry"
topics: ["funding"]
source_urls: ["https://marketbrief.now/business/itau-acquires-brazilian-ai-startup-neospace-for-580-million-6ca9ddc8","https://x.com/business/status/2114670917976498177","https://x.com/JornalOGlobo/status/2114692875455729765","https://huggingnews.com/business/itau-acquires-brazilian-ai-startup-neospace-for-580-million-6ca9ddc8"]
summary: "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."
---

# Itau Acquires Brazilian AI Startup NeoSpace for $580 Million

> [Open the canonical story](<https://aidr.today/5c844496?lang=en>)

**Published:** 2026-10-26T12:22:52.000Z
**Category:** Industry
**Topics:** funding

## Summary

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\.

## Sources

- [Story source](<https://marketbrief.now/business/itau-acquires-brazilian-ai-startup-neospace-for-580-million-6ca9ddc8>)
- [Story source](<https://x.com/business/status/2114670917976498177>)
- [Supporting source](<https://x.com/JornalOGlobo/status/2114692875455729765>)
- [Story source](<https://huggingnews.com/business/itau-acquires-brazilian-ai-startup-neospace-for-580-million-6ca9ddc8>)