Palo Alto Networks Founder Agrees to Buy California Bank for AI Revamp (opens in new tab)

Palo Alto Networks founder Nir Zuk agreed to buy local California lender Liberty Bank, according to people familiar with the matter. Zuk plans to use Liberty as a launchpad for artificial-intelligence tools aimed at financial services. The billionaire Zuk has sought approval from U.S. regulators to acquire the largest stake in Liberty from private-equity firms […] The post Palo Alto Networks Founder Agrees to Buy California Bank for AI Revamp appeared first on OODAloop.