Amnon Shashua, the visionary founder and CEO of Mobileye, is making waves in the fintech industry with his latest venture, One Zero. The startup, which aims to bring private banking to the masses, has raised at least $100 million in funding, with a valuation expected to soar in the next round.

One Zero's mission is to democratize high-touch, advisory-type services typically reserved for high-net-worth individuals. By leveraging AI, the company plans to offer personalized banking services to the average person, even in a future where physical banks may cease to exist.

The startup has already made significant strides, acquiring a banking license in Israel and building a full-stack retail bank with over 110,000 customers. One Zero's chatbot, Ella, is a cornerstone of its technology, designed to provide services that human bankers cannot.

Shashua's ambitious approach involves using multiple large language models to provide a diversity of responses, which are then verified to ensure accuracy. This innovative system has the potential to revolutionize retail banking, enabling customers to receive personalized advice on financing big purchases and saving money wisely.

With One Zero's momentum building, the fintech industry is abuzz with excitement. This development could have far-reaching implications for the future of banking, making high-quality services accessible to everyone.