Nubank Acquires Hyperplane to Accelerate AI-First Strategy
Nu Holdings Ltd. (NU)
Company Research
Source: Business Wire
AI technology will power Nubank's platform, providing deeper insights into customer needs and creating hyper-personalized digital financial services; Hyperplane's systems will integrate seamlessly, with immediate benefits SÃO PAULO--(BUSINESS WIRE)--Nubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers.Hyperplane, launched in 2022 and co-founded by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, has been instrumental in using proprietary foundation models to provide high-quality financial services to millions of individuals. The platform enables financial institutions to train, evaluate, and deploy self-supervised, deep-learning models on first-party data for decision-making. Their platform serves as a central hub, allowing customers to train h
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- Nu Holdings Ltd. (NU) Stock Moves -0.23%: What You Should Know [Yahoo! Finance]Yahoo! Finance
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- Nu Holdings Ltd. (NYSE: NU) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $15.00 price target on the stock.MarketBeat
- Nu Holdings Ltd. (NYSE: NU) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $15.00 price target on the stock.MarketBeat
NU
Sec Filings
- 6/26/24 - Form 144/A
- 6/24/24 - Form 144
- 6/24/24 - Form 144
- NU's page on the SEC website