Search results for Nikesh Arora
AI & Enterprise
Palo Alto CEO says slowing AI development is unrealistic, extinction risk very small
Palo Alto Networks CEO Nikesh Arora said calls to slow the pace of AI development are unrealistic because companies will make different choices and some are likely to move first. He said firms should not be forced to stop AI development but should release products only when they are confident they are safe. Arora also played down warnings that AI could cause human extinction, calling such outcomes very unlikely.
AI & Enterprise
Security industry core products see generational shift as AI-native push accelerates
Security companies in South Korea and abroad are moving to strengthen AI-based security product lineups to counter threats tied to the spread of AI. CrowdStrike added AI agent identity functions, parallel investigations and malicious open-source package blocking to its Falcon platform, and launched Falcon IQ. Cloudflare and Akamai introduced new security capabilities. Korean firms Pagonetworks and ITCEN Group unveiled new strategies and products, while more tools are being built on Nvidia open-source models.
AI & Enterprise
Security industry M&A accelerates amid AI spread as Palo Alto, Proofpoint step up acquisitions
Security industry consolidation is accelerating as the market reshapes around AI, with companies pursuing mergers and acquisitions. The Wall Street Journal reported that Proofpoint, owned by private equity firm Thoma Bravo, is in late-stage talks to buy cybersecurity firm Varonis Systems. Separately, Palo Alto Networks bought AI agent startup Console for $500 million in cash and stock and plans to integrate the technology into its Cortex security platform.
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AI & Enterprise
Palo Alto CEO says legacy cybersecurity cannot stop AI, $1 trillion infrastructure modernisation needed
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AI & Enterprise
Valarian raises $50 million to target sovereign AI market for defence system protection
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AI & Enterprise
Big AI companies increasingly stress price competitiveness over performance
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AI & Enterprise
Palo Alto Networks shares fall 6 percent after Q3 earnings guidance disappoints investors
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AI & Enterprise
Big firms heat up M&A in global security market at start of year