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Revolut is shifting from integrating off-the-shelf models to developing proprietary foundation models specifically tailored for global-scale financial services. This strategic pivot emphasizes owning research infrastructure and data moats rather than merely layering existing AI capabilities on top of banking operations. The collaboration with NVIDIA on the PRAGMA project highlights a focus on building specialized machine learning systems that address unique industry challenges.
Sources coveringQuantum Zeitgeist, LessWrong, Fortune, electronicsweekly.com
What this isA model's reading of the article and related coverage, written for aiqbench. Not the publisher's words.

Revolut launches research unit to build its own AI models

Quantum Zeitgeist1 min read

Revolut has officially announced the launch of Revolut Research, investing in in-house scientific research and top-tier technical talent. The unit is designed to build proprietary foundation models for global scale, and is pioneering the intersection of machine learning and banking, including work on PRAGMA in collaboration with NVIDIA.

Revolut has launched Revolut Research, a new unit dedicated to building its own artificial intelligence models. Unlike competitors integrating existing models, Revolut is…

Excerpt shown under the publisher's RSS terms · 23 words · full text and figures are on the publisher's site

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