Palo Alto Networks Gobbles Up Protect AI: A $700 Million Bet on Secure AI Future
Palo Alto Networks is acquiring Protect AI, aiming to enhance its Prisma AIRS AI security platform. This move targets the burgeoning AI attack surface. The deal, closing in FY2026, reportedly ranges from $650-700 million. Protect AI’s team will join Palo Alto, marking another strategic leap in the AI security space.
Hot Take:
Palo Alto Networks just hit the jackpot in the AI security casino by acquiring Protect AI. It’s like they’ve found the golden ticket in the cybersecurity Willy Wonka factory! With AI being the new frontier of attacks, Palo Alto is not just buying a company; it’s securing its future in AI battles. Who knew protecting AI models could be such a lucrative side hustle?
Key Points:
– Palo Alto Networks confirms acquisition of Protect AI, an AI security company.
– Protect AI specializes in securing AI models and conducting AI red teaming.
– Acquisition aims to enhance Palo Alto’s Prisma AIRS AI security platform.
– Protect AI’s leadership and team will join Palo Alto Networks.
– Deal estimated at $650-700 million, but financial details remain undisclosed.