Finance briefings

Meta Lifts Capital Spending Outlook as AI Infrastructure Investment Accelerates

Reuters reported that Meta raised its capital spending guidance alongside first-quarter 2026 earnings, citing faster AI infrastructure investment. The exact figures were not disclosed in the available material, but the move points to a broader shift in competition toward data centers, power, networking, and other execution layers that support AI at scale.

Guidances Staff · Updated June 14, 2026

Revolut Unveils PRAGMA, Encoder Foundation Model Pre-Trained on Large-Scale Banking Data

Digital banking platform Revolut has introduced PRAGMA, an encoder-style foundation model trained on multi-source banking user histories. Pre-trained using masked modeling on large-scale financial records, the model may support user behavior understanding and predictive tasks in financial services.

Guidances Staff · Updated June 14, 2026

NVIDIA Unveils Framework for Transaction-Based Foundation Models in Finance

NVIDIA has introduced a framework for building foundation models that learn customer behavior from transaction sequences. Using masked prediction and next-item forecasting techniques, the approach enables financial institutions to understand behavioral patterns and improve predictive accuracy from transactional data.