Itaú Unibanco agrees to buy NeoSpace for R$ 2.93 billion

• Itaú Unibanco agreed on Oct. 26, 2026, to acquire all shares of Brazilian AI startup NeoSpace for BRL 2.93 billion.
• Part of the purchase price is payable at closing, with remaining installments deferred over five years, subject to conditions.
• Completion requires clearance from Brazil’s antitrust authority CADE and central bank, alongside other closing conditions.
• The acquisition will strengthen proprietary AI capabilities and support development of the bank’s generative AI assistant, ia.i.
• NeoSpace will retain autonomous management and its existing team, preserving business continuity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Itaú Unibanco Holding SA published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.