European Banks Build AI on Open Models and Own Infrastructure
NVIDIA Blog: Leading European Financial Services Organizations Embrace Open Models to Build Proprietary Intelligence
At GTC Berlin, banks, payment companies and financial data providers are showing what production-scale intelligence looks like — 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, powered by NVIDIA accelerated computing. Using the NVIDIA cuDF toolkit and Dynamo-Triton software on NVIDIA Blackwell Ultra GPUs, Revolut is scaling PRAGMA in production, servicing
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European financial services organizations are using open weight AI models with accelerated computing hardware to build proprietary intelligence systems while keeping their data on their own infrastructure. This approach matters because it allows these institutions to achieve production-scale AI capabilities at lower costs than closed commercial models while maintaining control over sensitive financial data. The context is that open models, combined with specialized hardware accelerators and sovereign cloud deployments, enable banks and financial companies to train AI systems on their own transaction data without relying on external vendors or exposing information beyond their own systems.
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