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AI & Enterprise

AI-focused M&A gains pace as big cloud firms step up security expansion

M&A activity is picking up as the security industry reshapes around AI. Databricks is acquiring AI-based cyberattack detection startup Panther Labs, its third cybersecurity deal this year after Antimatter and SiftD. Identity security firm SailPoint Technologies is buying AI agent security startup Entro Security. Big cloud providers are also moving faster on security, with AWS launching an AI platform and Google Cloud supporting local data residency in its Seoul region.

AI & Enterprise

Databricks to acquire attack-detection platform Panther Labs

Databricks said on June 16 it will acquire Panther Labs, a startup that offers an AI-based cyberattack detection platform. The deal value was not disclosed. Panther uses filters to remove unnecessary parts of system log data to cut data collection costs and secure more data needed for intrusion analysis. It also supports building detection code with natural-language prompts and suggests code changes when false positives occur. Databricks plans to combine Panther with Lakewatch.