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Kapital to Buy AI Coding Startup Woz for $30 Million

Original: Kapital to Acquire AI Coding Startup Woz in $30M Deal to Boost Financial AI Capabilities

Kapital has announced a $30 million acquisition of Woz, an AI coding startup, in a move aimed at strengthening its financial AI capabilities. The deal brings Woz's engineering and AI development expertise in-house as Kapital expands technology-driven tools for financial services. Details on timing, integration plans, and Woz's team structure have not yet been disclosed.

Why now: The acquisition signals growing consolidation of AI coding talent by fintech companies seeking in-house AI capabilities.

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