Brazil
Itaú Unibanco Agrees to Acquire AI Startup NeoSpace for $589 Million
Itaú Unibanco, Latin America’s largest private financial institution by assets, has officially entered into a definitive agreement to acquire 100 percent of NeoSpace A.I. Technologies, a specialized generative artificial intelligence startup. Valued at 2.925 billion Brazilian reais, approximately $589 million USD, the transaction represents one of the