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Itaú Unibanco

Itaú Unibanco Holding is a Brazilian banking group based in São Paulo whose shares also trade in New York. It runs ia.i, a generative AI assistant for its customers, and builds AI models on its own data. On 26 October 2026 it agreed to buy the Brazilian AI startup NeoSpace for BRL 2.925 billion.

Last reviewed 28 Oct 2026

Facts at a glance

TypeBanking and financial services group
HeadquartersPraça Alfredo Egydio de Souza Aranha, 100, Torre Conceição, São Paulo, Brazil source
SEC reportingForeign private issuer filing annual reports on Form 20-F source
AI assistantia.i, a generative AI assistant source
Pending acquisitionNeoSpace A.I. Technologies Ltda. for BRL 2,925,000,000, announced 26 October 2026 source

Questions people ask

What AI company is Itaú buying?
NeoSpace A.I. Technologies, a Brazilian startup that builds foundation models. Itaú disclosed the deal in a material fact dated 26 October 2026.
What is ia.i?
Itaú's generative AI assistant for customers, which the bank says the NeoSpace deal will help develop further.