Itaú Acquires AI Firm to Build Financial ChatGPT, Accelerating Digital Push

Itaú, Latin America's largest bank, is acquiring an AI startup to develop a financial ChatGPT, following its 2019 Zup acquisition. The deal signals a major investment in generative AI for banking, though the target and terms are undisclosed. This move could reshape customer service and internal operations in the region's financial sector.

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