iGenius unveils new AI model for regulated industries

A brand-new debut for Colosseum 355B in the financial and industrial sectors.

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Italian startup iGenius has launched Colosseum 355B, a large language model built using the latest Nvidia technology, designed for industries with strict data protection and compliance needs. CEO Uljan Sharka highlighted the challenges that tight regulations pose for AI adoption in sectors like finance, heavy industry, and government, where data security is paramount.

Unlike major competitors like OpenAI, iGenius offers open-source AI models that allow companies to run the technology on their own infrastructure, ensuring that sensitive data remains in-house. The startup is already in talks with potential clients in the financial services and industrial sectors.

Sharka also traveled to Brussels to present the new model to the European Commission, aiming to gain regulatory approval and foster wider adoption in Europe’s heavily regulated markets.