AI Reports · NVIDIA · 2026-10-22 · Blog / commentary
Leading European Financial Services Organizations Embrace Open Models to Build Proprietary Intelligence
At GTC Berlin, banks, payment companies and financial data providers across Europe are demonstrating production-scale intelligence built on NVIDIA accelerated computing, powered by open weight models and running on their own infrastructure. Revolut is rebuilding its technology stack on a single foundation model, PRAGMA, servicing an initial 80 million customers and engineered to scale 3x. Starling Bank, Lloyds Banking Group and SBS are also building their own intelligence layers, transaction foundation models and sovereign platforms, gaining proprietary intelligence from data they own at costs they control.