Finance

Italy's iGenius launches Nvidia-powered AI language model for highly regulated industries

Published by Global Banking & Finance Review

Posted on January 16, 2025

1 min read

· Last updated: January 27, 2026

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Image of iGenius CEO Uljan Sharka presenting AI model for finance - Global Banking & Finance Review
An image capturing iGenius CEO Uljan Sharka presenting the Colosseum 355B AI language model, designed for highly regulated industries like finance, showcasing innovation in compliance technologies.
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MILAN (Reuters) - Italian startup iGenius said on Thursday it was releasing Colosseum 355B, a large language model built with the latest Nvidia technology for customers in highly regulated industries

iGenius Launches AI Model for Regulated Industries

MILAN (Reuters) - Italian startup iGenius said on Thursday it was releasing Colosseum 355B, a large language model built with the latest Nvidia technology for customers in highly regulated industries with special data protection needs.

Tight legislation and compliance requirements hamper the use of artificial intelligence (AI) technology in regulated industries.

CEO Uljan Sharka told Reuters that iGenius was already in contact with potential users in the financial services sector as well as heavy industry companies and governments.

Sharka flew to Brussels on Thursday to present the new model to the European Commission.

(Reporting by Elvira Pollina and Valentina Za, editing by Gianluca Semeraro)

Key Takeaways

  • iGenius introduces Colosseum 355B AI model.
  • Built with Nvidia technology for regulated sectors.
  • Targets financial services and heavy industries.
  • CEO Uljan Sharka presents to European Commission.
  • Focus on data protection and compliance.

Frequently Asked Questions

What is the main topic?
The article discusses iGenius's launch of the Colosseum 355B AI model, designed for highly regulated industries using Nvidia technology.
Who is the CEO of iGenius?
The CEO of iGenius is Uljan Sharka.
What industries does the AI model target?
The AI model targets financial services, heavy industries, and governments.

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