NEW YORK--(BUSINESS WIRE)--Aug 10, 2026--
ProCap Financial, Inc. (Nasdaq: BRR), the first publicly traded agentic finance firm, today published research proving that Silvia, its AI agent lab focused exclusively on finance, outperformed every leading frontier and open source model evaluated on tax-related topics and questions.
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Silvia’s team evaluated seven AI products across ten expert-level tax scenarios covering federal tax law and the tax codes of California, Texas, North Carolina, New York, and Florida. The responses for each AI product were retrieved from its respective knowledge sources, then independently scored by a blind judge on a 1–10 scale for factual accuracy under four escalating levels of verification.
Silvia, which retrieves answers from a proprietary library of primary tax law, earned the highest overall score (8.73), outperforming the next-best product, Claude Desktop (8.40), and ranking first across every product tested. You can read the full research report here.
Why this matters beyond tax
The approach is replicable. A small team with the right proprietary data and the right architecture can beat a general-purpose frontier product in a chosen domain. The Silvia team hopes this approach becomes the blueprint for other application-specific products.
“There is an unresolved question among institutional investors about whether general-purpose model providers will capture most of the value in AI or whether domain-specific systems will take share,” said Anthony Pompliano, Chairman and CEO of ProCap Financial. “That argument has been theoretical until now. The largest AI labs on earth employ more researchers than we have employees, and Silvia beat all of them on tax with a team of only four AI engineers working on this problem.”
The benchmark is available
ProCap Financial is releasing not only the results of the evaluations, but the evaluation questions and the framework used to produce them. Publishing the test lets anyone reproduce it, contest it, or run their own model against it.
Silvia now has more than $50 billion in assets connected to its platform across more than 20,000 users.
About ProCap Financial
ProCap Financial is the first publicly traded agentic finance firm. The Company’s mission is to help independent investors make money. Products include Silvia, an AI research lab exclusively focused on finance, and ProCap Insights, the first agentic research offering in finance. Founded in 2025, the Company raised more than $750 million from leading investors and is traded on Nasdaq under the symbol BRR. Visit www.procapfinancial.com for more information.
No Tax Advice
The research described in this release is for informational purposes only and does not constitute tax, legal, investment, or accounting advice. Silvia does not provide tax advice. Benchmark results reflect internal testing under controlled conditions and are not a guarantee of accuracy or performance in any individual case. Tax outcomes depend on individual facts and circumstances and on laws that are subject to change. Users should consult a qualified tax professional regarding their individual circumstances.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and are subject to various risks and uncertainties that could cause actual results to differ materially. Such risks include those described under “Risk Factors” in most recent SEC filings. We caution readers not to place undue reliance on forward-looking statements, which reflect our views only as of the date of this release. We undertake no obligation to update such statements, except as required by law.
Silvia Outperforms Every Major AI Model on Tax and Open Sources the Benchmark Test
PARIS (AP) — The U.K. and France are bracing for the fifth heat wave of the season, adding to an intense stretch of hot weather that has repeatedly sent temperatures soaring across Europe since May.
National weather agency Météo-France is warning about temperatures approaching 40 C (104 F) from Tuesday onward in southeastern France. And in the U.K., an amber heat health alert for most of England will be in place beginning Tuesday as temperatures are forecast to climb to 36 C (96.8 F) later this week.
Across Europe, the extreme heat began in May and has contributed to major wildfires, prolonged drought and new national temperature records, as well as thousands of projected heat-related deaths.
Globally, so far this is the third-hottest year, behind 2024 and 2025, climate statistics show. But 2026 still has time to catch up. Thanks to the one-two punch of accelerated human-caused global warming and a supersized El Niño — a periodic warming of parts of the Pacific that leads to temperature variations around the globe — there’s an increasing chance that by the end of the year, 2026 could become the hottest year on record, scientists said.
Last month saw the highest average sea surface temperature ever recorded for July across the extrapolar oceans, or the oceans free of seasonal sea ice, according to the European climate agency Copernicus.
That was partially fueled by developing El Niño conditions in the equatorial Pacific, the service said. The new average record for July is 20.96 degrees Celsius (69.73 degrees Fahrenheit), which beat the 2023 record of 20.89 C (69.60 F).
But last month’s average surface air temperature globally was 16.90 C (62.42 F), making it only the joint second warmest July on record, tied with July 2024, Copernicus reported.
In Western Europe, meanwhile, the average temperature record for the June-July period hit 21.62 C (70.92 F), Copernicus said, toppling the 2022 record.
“Persistent high-pressure systems trapped heat over western Europe, the extreme temperatures also amplified widespread drought. As soils dry out, they lose their ability to provide natural cooling, allowing heat to build more readily,” said Samantha Burgess, strategic lead for climate at the European Centre for Medium-Range Weather Forecasts.
“This is a clear example of how climate change is intensifying heat extremes, with heat and drought increasingly reinforcing one another.”
In France alone, heat wave alerts were issued for the first time on record in May, when more than half the country recorded new monthly temperature highs. The heat intensified in June, a period during which at least 5,700 more deaths than usual were recorded, according to France’s public health agency.
Météo-France said June 23 was the hottest day ever recorded in the country. Temperatures climbed as high as 44.3 C (111.7 F) in the southwest.
Two other heat wave episodes were recorded in July, amplifying a historic wildfire in southwestern France that forced 220,000 people to flee their homes in one of the continent’s biggest evacuation efforts since World War II.
Temperatures were slightly cooler in the U.K. on Monday but the country readied for its fifth heat wave in an exceptionally hot and dry summer, with half of England and all of Wales plunged into drought.
The heat alert warns that significant impacts on health services, including a rise in deaths among older and vulnerable people, are likely.
Two record-breaking heat waves in May and June led to more than 2,800 excess deaths linked to extreme temperatures.
Dazio reported from Berlin. Sylvia Hui in London contributed to this report.
People walk over a stone dam, that is normally covered by water, towards the "Maeuseturm" (mice tower) in the middle of the river Rhine in Bingen, Germany Monday, Aug. 10, 2026. (AP Photo/Michael Probst)
A firefighting helicopter releases water over a wildfire near Correns, southeastern France, Saturday, Aug. 1, 2026. (Clement Mahoudeau/Pool Photo via AP)
A pharmacy display shows a temperature of 42 degrees Celsius in Paris during a heat wave, Wednesday, July 29, 2026. (AP Photo/Aurelien Morissard).
Vehicles cross the Rhine bridge on the A48 highway with a view of the low water levels on the Rhine, near Bendorf, Germany, Sunday, Aug. 9, 2026, (Thomas Frey/dpa via AP)
A man walks on dried grass in a park, amid drought conditions in London, in London, Sunday, Aug. 9, 2026. (AP Photo/Kirsty Wigglesworth)
People walk on a sandbar underneath the Danube's Margareth Bridge in downtown Budapest, Hungary, Wednesday Aug. 5, 2026, as the river, which runs through 10 European countries, has receded never-before-seen low water levels. (AP Photo/Bela Szandelszky)
