Itau Unibanco Holding S.A. (ITUB) Form 6-K — Oct 26, 2026
Itaú Unibanco has signed a Share Purchase Agreement to acquire 100% of NeoSpace A.I. Technologies, a Brazilian AI startup specializing in foundational models trained on large-scale datasets, for a purchase price of BRL 2.925 billion. NeoSpace has served Itaú for nearly two years, building models on Itaú's proprietary data that have delivered results in credit, CRM, and fraud prevention. The deal is tied to Itaú's generative AI assistant 'ia.i' and its strategy of building in-house AI capability.
Key figures
- Deal Value Usd
- BRL 2,925,000,000.00
- Payment structure
- installment at closing plus deferred installments over five years, subject to conditions
- Regulatory approvals required
- ["CADE (Brazilian Antitrust Authority)","Central Bank of Brazil"]
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