10 AI News Investors Should Not Miss

7. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 66

Palo Alto Networks, Inc. (NASDAQ:PANW) is an American multinational cybersecurity company offering security solutions for all apps, users, and devices. Precision AI is Palo Alto Networks’ proprietary AI system helping detect and mediate threats in an AI-first world.

On October 28, NTT Data Corporation, a global digital business and IT services leader, announced that it is expanding its partnership with Palo Alto Networks, Inc. (NASDAQ:PANW) to help enterprises advance in cyber resilience. The partnership has introduced NTT DATA’s Managed Extended Detection Response Service (MXDR), which delivers ongoing threat monitoring, detection, and rapid response capabilities. It leverages AI and machine learning to provide visibility across networks, edge, and cloud environments, helping organizations be proactive against cyber-attacks. The service is powered by Palo Alto Networks Cortex XSIAM, the industry’s leading AI-powered security operations center (SOC) platform.

“Organizations today are facing an unprecedented volume of sophisticated cyber threats, across their entire operations. With NTT DATA, we are helping organizations transform their SOC through platformization with XSIAM and expert services, delivering a unified solution that ensures customers can modernize and protect their operations with confidence.”

– Kristy Friedrichs, Chief Partnerships Officer, Palo Alto Networks.