Acquirer · Corporate
Itaú Unibanco
1$588m$588m0
Photo: CORRETOR-CARVALHO / Wikimedia Commons, CC BY-SA 3.0Itaú Unibanco agrees to buy Brazilian AI startup NeoSpace for about $588 million
Itaú is paying BRL 2.925 billion, part of it deferred over five years, for a startup it helped fund in early 2025, so that it owns the models already trained on its own data.
$588m$18mStage n/aCorporate
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Itaú Unibanco → NeoSpace$588m$250m–1bn