Revolut launches research unit to build its own AI models

Revolut has launched Revolut Research, a new unit dedicated to building its own artificial intelligence models. Unlike competitors integrating existing models, Revolut is investing in-house research and proprietary foundation models designed for global scale, beginning with a project called PRAGMA in collaboration with NVIDIA. “In financial services, real differentiation comes from owning the research and infrastructure—not just layering AI on top,” the company states, signaling a commitment to fundamental development rather than superficial additions. Revolut aims to actively engineer the future of finance with this new initiative.

Revolut Research: Building Proprietary Foundation Models for Finance

Revolut is diverging from competitors by prioritizing in-house development of artificial intelligence models, a strategy signaled by the first concrete output of its new Revolut Research unit: a project named PRAGMA in collaboration with NVIDIA. Revolut Research is actively engineering the future of finance, with ambitions extending to financial intelligence, and the team’s initial work on PRAGMA suggests a specific focus beyond generalized AI development.

Francisco Villanueva expressed support, stating, “A bold vision! Look forward to seeing it coming to fruition!” Abdulazeez Adebowale inquired about potential integration within the Revolut Business suite, highlighting early interest in the practical applications of this research. The Human AI Institute offered congratulations and suggested consideration of Enterprise-wide AI Risk Management as part of the research agenda, indicating a broader industry awareness of responsible AI implementation.