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Itaú Agrees to Buy NeoSpace for R$2.925 Billion

  • Sales & Business
  • Foundation Models

Itaú Unibanco has signed an agreement to acquire all shares of Brazilian AI startup NeoSpace for R$2.925 billion. The deal is subject to regulatory approvals, including from Brazil’s antitrust authority CADE and the Central Bank.

Itaú Agrees to Buy NeoSpace for R$2.925 Billion — AI News Blitz