Models · Updated 22 Oct, 10:30 am IST
European banks adopt open foundation models for production-scale intelligence
Why it matters for readers: Demonstrates how banks are using open models and GPUs to turn transaction data into usable intelligence at scale.
- Revolut is rebuilding its technology stack on a single foundation model called PRAGMA, powered by NVIDIA accelerated computing and engineered to scale for its customers.1
- Revolut says PRAGMA is servicing an initial 80 million customers and engineered to scale threefold.1
- Starling Bank trained an agentic model called Starling Intelligence on U.K. sovereign cloud infrastructure (Civo) using the bank’s own transaction data.1
- Lloyds Banking Group built a transaction foundation model named ATUM to convert billions of banking transactions into reusable intelligence, accelerated with NVIDIA RTX PRO 6000 Blackwell GPUs.1
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