Palo Alto Networks founder Nir Zuk plans to acquire California based Liberty Bank to deploy AI driven financial services, partnering with fintech investors and positioning for broader banking sector adoption.
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Palo Alto Networks Founder Agrees to Buy California Bank for AI Revamp
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The planned acquisition is a fusion of several investment themes Zuk has pursued outside of his role at cybersecurity giant Palo Alto. He is the co-founder of eOS, an AI-agentic platform, and brought the startup’s technology to Esh Bank, an Israeli lender and one of his other investments. Esh recently agreed to sell itself to Isracard, Israel’s biggest credit-card company. People familiar with Zuk’s thinking said the technologist was eager to invest in a U.S. banking industry on the cusp of its embrace of artificial intelligence.
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