Revolut
PulseAugur coverage of Revolut — every cluster mentioning Revolut across labs, papers, and developer communities, ranked by signal.
- 2026-11-10 product_launch Revolut replaced its use of Claude Code and Codex with a self-hosted General Language Model on Nvidia B200 GPUs. source
- 2026-11-08 product_launch Revolut adopted a self-hosted General Language Model (GLM) to reduce AI costs. source
- 2026-11-06 product_launch Revolut reportedly switched its AI model provider to GLM from z.ai, achieving significant cost savings. source
- 2026-11-04 product_launch Revolut migrated developers to a self-hosted GLM model, reducing AI coding costs. source
- 2026-11-03 product_launch Revolut switched from Claude to the General Language Model for its AI coding needs, resulting in a 90% cost reduction. source
- 2026-11-03 product_launch Revolut transitioned its engineering team to self-hosted open-source coding models. source
- 2026-09-14 controversy Revolut reportedly handed over customer data in response to fake government requests. source
- 2026-09-14 controversy Revolut customer data was exposed due to a phishing attack impersonating UK law enforcement. source
- 2026-08-29 product_launch Revolut launched an AI research unit to develop proprietary models. source
- 2026-08-26 product_launch Revolut launched a new AI research division and is developing a family of foundation models named PRAGMA. source
- 2026-07-10 product_launch Revolut integrated its cryptocurrency exchange with AI assistants. source
- 2026-07-08 product_launch Revolut is developing and deploying its proprietary AI foundation model, PRAGMA, and a customer-facing agentic AI system called AIR. source
- 2026-07-03 funding Revolut secured a $75 billion valuation in its latest funding round. source
12 day(s) with sentiment data
Revolut's PRAGMA models could offer a competitive edge against fintechs like Airwallex
With Airwallex raising significant funding for its AI-driven autonomous finance features, Revolut's parallel development of its own foundation models (PRAGMA) suggests a competitive response. If PRAGMA proves effective in enhancing fraud detection, credit risk, and recommendations, it could provide Revolut with a distinct technological advantage in the increasingly AI-centric fintech landscape.
Revolut's AI research division focuses on foundational models for financial applications
Revolut's new AI research division is explicitly focused on building foundation models, named PRAGMA, tailored for financial event sequences. This indicates a strategic investment in developing in-house AI capabilities that can be broadly applied across various financial services, rather than relying solely on off-the-shelf solutions.
Revolut to integrate PRAGMA foundation models into core financial products within 6 months
Revolut has announced the establishment of an AI research division and the development of its PRAGMA foundation models. Given the models' stated targets for financial event sequences and applications in credit scoring, fraud detection, and product recommendations, it's highly probable Revolut will aim to integrate these models into its core product offerings to enhance user experience and operational efficiency within the next six months.
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Revolut cuts AI costs by 90% with self-hosted models, boosting productivity
Revolut has significantly reduced its AI costs and improved engineering productivity by self-hosting open-source AI models, primarily GLM, on dedicated GPU infrastructure. This approach provides their 2,000 engineers wi…
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Revolut switches to self-hosted GLM on Nvidia B200s, cutting costs and improving speed
Revolut has replaced its use of Claude Code and Codex with a self-hosted General Language Model (GLM) running on 56 Nvidia B200 GPUs. This new setup is ten times cheaper, costing $0.30 per million tokens, and has improv…
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Revolut Slashes AI Costs 10x by Self-Hosting GLM, Cuts OpenAI and Anthropic
Revolut, a fintech company, has significantly reduced its AI costs by switching to a self-hosted General Language Model (GLM) instead of commercial offerings like OpenAI's Codex or Anthropic's Claude Code. The company f…
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Revolut ditches OpenAI and Anthropic for Chinese GLM AI, saving 90%
Revolut has reportedly switched its AI model provider from OpenAI and Anthropic to GLM, developed by the Chinese company Z.ai. This move is said to result in significant cost savings, with estimates suggesting a 90% red…
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Financial firms must communicate transparently after cyberattacks to maintain trust
In the financial services sector, cyberattacks are becoming increasingly frequent, with AI exacerbating the problem. The author argues that a lack of transparent communication following these breaches is eroding custome…
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Revolut slashes AI coding costs by 90% with self-hosted GLM on Nvidia B200s
Revolut has significantly reduced its AI coding costs by migrating approximately 2,000 developers from paid APIs to a self-hosted GLM model. This transition, utilizing 56 Nvidia B200 GPUs, has decreased token costs by a…
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Revolut cuts AI costs by 90% with self-hosted Chinese model
Revolut has reportedly replaced its use of Claude Code with a self-hosted Chinese model, leading to significant cost savings. The company claims this switch has reduced their expenses by 90%. This move suggests a growin…
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Elon Musk throttles Grok Bot over costs; Revolut cuts expenses with self-hosted GLM
Elon Musk has reportedly limited access to Grok Bot due to unsustainably high operational costs, causing user usage to jump significantly. In contrast, Revolut has moved approximately 2,000 engineers to a self-hosted GL…
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Revolut cuts AI coding costs by 90% by switching from Claude to GLM
Revolut has replaced Anthropic's Claude model with the open-weight General Language Model (GLM) for its coding tasks. This strategic shift has resulted in a significant 90% reduction in the company's artificial intellig…
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Revolut cuts AI coding costs 10x with self-hosted models · 4 sources tracked
British fintech Revolut has significantly reduced its AI coding expenses by adopting a self-hosted model, achieving a 10x cost reduction. The company transitioned away from using proprietary models like Claude for gener…
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Revolut moves 2,000 engineers to open-source coding models
Revolut, Europe's largest private company, has transitioned approximately 2,000 engineers to use self-hosted General Language Models (GLM) for coding tasks. This move aims to reduce costs and improve efficiency, with th…
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Gatleen Bhambra founds AI startup Mater-AI to convert wasted heat energy
Gatleen Bhambra, inspired by a comment that she would never reach C-level, decided to found her own company. She co-founded Mater-AI with Dr. Nickel Blankevoort, a computational materials scientist. Mater-AI leverages A…
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AI investments show returns as Europe boosts science funding · 7 sources tracked
Major technology companies are seeing their significant investments in artificial intelligence begin to yield financial returns, with AI data center financing also becoming a key focus. While some firms like Meta are fa…
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GLM-5.3 self-hosting needs 8 GPUs for long coding sessions due to KV cache replication
Self-hosting the GLM-5.3 model with vLLM for extended coding sessions requires more GPU resources than initially apparent. While the model can fit onto 4 GPUs, optimal performance and memory handling, particularly for t…
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Nevis raises $70M Series B for AI wealth management
Nevis, a New York-based startup founded by former Revolut executives, has secured $70 million in Series B funding. The round was led by EQT Ventures and included participation from Charles Schwab and QuantumLight. This …
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Nevis raises $70M with AI to combat financial advisor shortage · 1 source tracked
Nevis, a startup founded by former Revolut executives, has secured $70 million in Series B funding to develop AI software aimed at alleviating a projected shortage of financial advisors. The company's platform uses AI t…
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European banks build proprietary AI on NVIDIA hardware with open models
Several European financial institutions are leveraging NVIDIA's accelerated computing platform and open-weight models to develop proprietary AI capabilities. Companies like Revolut, Starling Bank, and Lloyds Banking Gro…
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NVIDIA CEO unveils AI factory, secure agents at GTC Berlin
NVIDIA CEO Jensen Huang announced new AI infrastructure and agent technologies at GTC Berlin 2026. He highlighted NVIDIA's commitment to the European AI ecosystem, pledging nearly $10 billion and showcasing partnerships…
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Ukraine claims first human rescue via drone; Apple security updates discussed; Revolut outage reported
Ukraine's military has reportedly conducted the first-ever human evacuation using an unmanned aerial vehicle (UAV), rescuing a wounded soldier over an 11-mile distance. Separately, Apple released recent security updates…
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Google Cloud London outage disrupts major services, no recovery time given · 2 sources tracked
Google Cloud experienced a significant outage in its London data centers, affecting multiple services and clients. The disruption, centered around the europe-west2-b zone, impacted major financial institutions like Lloy…