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Santander

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Headlines · 3

  1. Revolut Rebuilds Its Tech Stack on PRAGMA Foundation Model With NVIDIA

    At GTC Berlin, NVIDIA said Revolut is rebuilding its technology stack on a single foundation model, PRAGMA, powered by NVIDIA accelerated computing, and is scaling it in production on Blackwell Ultra GPUs using the cuDF toolkit and Dynamo-Triton software, initially serving 80 million customers and engineered to scale threefold. Pavel Nesterov, Revolut's head of AI, said the bank processes billions of transactions and that PRAGMA answers whether foundation models can operate at that scale and across domains, describing it as built in collaboration with NVIDIA. The same vendor post reported other European financial firms, including Starling Bank's Starling Intelligence agentic model trained on Civo's U.K. cloud with its own transaction data, Lloyds' ATUM transaction foundation model, bunq's agentic assistant Finn on open weight models at a claimed 60% of the cost per answer, and Santander as an early adopter of NVIDIA's Kumo open weight models for structured financial data.

    NVIDIA Blog · 🔥 0
  2. Santander and Nvidia sign three-year framework to build AI capabilities

    Santander and Nvidia have reached a three-year cooperation framework under which the bank will use Nvidia's AI infrastructure to build AI capabilities, according to a 36Kr Express brief citing Cailian Press. The brief was published on October 19, 2026, and gave no figures on investment, infrastructure scale or a deployment timetable.

    36氪快讯 · 🔥 0
  3. Santander's Botín: AI will change banking jobs, no major impact yet

    Santander Executive Chair Ana Botín said jobs will change as AI advances and acknowledged there could be adjustments, but the bank isn't seeing a major impact on employment yet. Botín made the comments on this week's episode of The David Rubenstein Show: Peer to Peer Conversations and also discussed the opportunities she sees for AI within Santander. The episode was recorded July 13 in New York.

    Bloomberg Technology · 🔥 0

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