MILAN, Jan 16 (Reuters) - Italian startup iGenius said

on Thursday it was releasing Colosseum 355B, a large language

model built with the latest Nvidia ( NVDA ) 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.